How Can the Green Climate Fund Initiate a Paradigm Shift?
"World leaders and governments paved the way for the establishment of the Green Climate Fund (GCF) through the United Nations Framework Convention on Climate Change (UNFCCC) agreements made at the Conference of Parties (COPs) in Copenhagen (2009) and Cancún (2010). The key objectives of the UNFCCC are to limit global warming to below 2°C (or even 1.5°C) and to make societies more resilient to the expected impacts of climate change. ‘Business as usual’ is not an option if we are to achieve this; we need “a global remodelling of economy and society towards sustainability [...] comparable with the two great revolutions which have crucially shaped world history: the Neolithic Revolution (the diffusion of arable farming and animal husbandry) and the Industrial Revolution (the transition from an agrarian to an industrial society)”. This can only be achieved if high-emitting countries, which have the greatest historical responsibility for climate change, meet their responsibilities and decarbonise their economies."