Environment & Ecology · International Climate Agreements
What specific financial commitment target was set through the establishment of the Green Climate Fund (GCF) at COP-16 in Cancun?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Mobilizing $1 trillion by 2030 for solar investments
- 2Mobilizing $140 billion to $300 billion annually for climate resilience
- 3Mobilizing $300 billion annually by 2035 for developing nations
- 4Mobilizing $100 billion annually for climate finance✓
Correct answer
Mobilizing $100 billion annually for climate finance
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