Environment & Ecology · Climate Finance Mechanisms
Within the institutional framework of the United Nations Framework Convention on Climate Change (UNFCCC), what is the primary function of the Global Environment Facility (GEF)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1To provide rapid access to insurance and disaster protection funding for climate-vulnerable countries
- 2To provide financial support to developing countries for emission reduction and climate adaptation efforts✓
- 3To support adaptation projects specifically in developing countries that are Parties to the Kyoto Protocol
- 4To leverage private finance for renewable energy and energy efficiency projects globally through a public-private partnership
Correct answer
To provide financial support to developing countries for emission reduction and climate adaptation efforts
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