MOCK
Q.395 - FRAMED FROM "GCCA WEBSITE"
Q.
Global Climate Change Alliance Initiative for country's vulnerability to
climate change is managed by the :
A)
The European Commission
B)
The Global Environment Facility
C)
UNDP
D)
World Bank
Ans.
A
The
Global Climate Change Alliance Plus (GCCA+) is a European Union flagship
initiative which is helping
the
world's most vulnerable countries to address climate change. Having started
with just four pilot
projects
in 2008, it has become a major climate initiative that has funded over 70
projects of national,
regional
and worldwide scope in Africa, Asia, the Caribbean and the Pacific.
This
EU initiative helps mainly Small Islands Developing States (SIDS) and Least
Developed Countries
(LDCs)
increase their resilience to climate change.
The
GCCA+ also supports these group of countries in implementing their commitments
resulting from the
2015
Paris Agreement on Climate Change (COP21), in line with the2030 Agenda for
Sustainable Development
and
the new European Consensus on Development.
The
GCCA+ initiative is making a significant contribution towards achieving the
overall target of at
least
20 % of the EU budget spent for climate action. All GCCA+ projects must
primarily aim at
facilitating
the transition to a climate-resilient, low-carbon future in line with the 2°C
target.
GCCA
funding increased from EUR 317.5 million in the first phase (2007-2014) to EUR
420 million in the
second
phase (2014-2020). Read more on financial resources.
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