India, along with 13 other developing countries and regions, announced plans to establish country- or region-specific platforms during a ministerial event at COP30 in Belém, Brazil.
- The initiative includes regional bodies such as the African Islands States Climate Commission (AISCC) and participating countries like Cambodia, Colombia, and others.
About the Platform
- Supported through the Green Climate Fund’s (GCF) Readiness and Preparatory Support Programme.
- Readiness Programme supports country-driven initiatives to strengthen their institutional capacities, governance mechanisms, and planning towards a transformational long-term climate action agenda.
- Purpose: Strategic, country-driven mechanisms that translate climate priorities into programmatic investment approaches.
- It will replace a fragmented project approach based climate finance mobilisation.
- And, provides platform for better coordination between the different public and private, international and local stakeholders.
About Green Climate Fund
- It is the world’s largest climate fund.
- Genesis: COP 16, UNFCCC Cancun, 2010.
- It serves the Paris Agreement in accordance with Article 9.
- Mandate: To support developing countries in raising and realizing their Nationally Determined Contributions ambitions towards low-emissions, climate-resilient pathways.
- Governance: Fund is governed by the GCF Board and it is accountable to and functions under the guidance of the COP, UNFCCC.
- HQ: Songdo, Incheon City, Republic of Korea
