The Green Climate Fund was set up in 2010, with the primary objective of helping developing nations to adapt to climate change (and to mitigate the effects of climate change in developing nations). It is important to note that climate change tends to have very devastating effects on developing nations. Yet the developing nations’ contribution to the problem is very modest. That is the case, given the fact that climate change is said to be caused (primarily) by greenhouse gas emissions. And as we all know, it is from the developed nations that most of the greenhouse gas emissions come from. On the other hand, it is the developing nations that end up having to bear the brunt of the resultant climate change. And on another note, the developing nations’ financial ability to cope with the effects of climate change is very limited. That is what necessitated the formation of the Green Climate Fund.
The way the Green Climate Fund works is such that developed nations contribute funds to it. The fund operates under the auspices of the UN system, as part of the United Nations Framework Convention on Climate Change (UNFCCC).
The Green Climate Fund has not been without controversy. There are people who feel that the assistance offered through the fund is too modest, compared to the devastation caused by climate change in developing nations. You have to appreciate that the people in developing nations mostly live off the land. They till the land, raise animals on the land, hunt, collect honey from beehives… and so on. Life there is very different compared to developed nations. The average citizen in a developed nation has a job (or a government-backed safety net) to fall back on – no matter what. He may, for instance, be a US Postal Service employee, assured of a livelihood as long as his work schedule at the liteblue usps portal is full. On a day to day basis, the said employee just has to visit the usps liteblue employee login page, sign in, and check his work schedule. As long as there is some work for him, he is assured of a paycheck. Even if there is no work, there are government safety nets – including welfare and food stamps – to fall back on. But in the developing nations, it is survival for the fittest. Yet those developing nations are the ones that bear the greatest brunt from climate change: their economic fragility notwithstanding.