ABSTRACT

Green Climate Fund (GCF) [Updated October 2, 2019]   [open pdf - 414KB]

From the Document: "Many governments hold that environmental degradation and climate change pose international and transboundary risks to human populations, economies, and ecosystems. To confront these challenges, governments have negotiated various international agreements to protect the environment, reduce pollution, conserve natural resources, and promote sustainable growth. While some observers call upon industrialized countries to take the lead in addressing these issues, many recognize that efforts are unlikely to be sufficient without similar measures being taken in lower-income countries. However, lower-income countries, which tend to focus on poverty reduction and economic growth, may not have the financial resources, technological know-how, and/or institutional capacity to deploy environmentally protective measures on their own. Therefore, international financial assistance, or foreign aid, has been a principal method for governments to support actions on global environmental problems in lower-income countries. Often, this assistance can serve as a cost-effective strategy for donor countries to provide greater market access for domestic goods and services abroad and increased environmental benefits at home."

Report Number:
CRS In Focus, IF10382
Author:
Publisher:
Date:
2019-10-02
Copyright:
Public Domain
Retrieved From:
Congressional Research Service: https://crsreports.congress.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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