United Nations Framework Convention on Climate Change (UNFCCC)
The United Nations Framework Convention on Climate Change (UNFCCC) was formed in 1992 as a result of a global commitment by countries to cooperatively find solutions to limit global average temperature increased.
There are now 195 Parties to the UNFCC Convention. The convention is support by a secretariat that supports all institutions dealing with matters related to climate change.
There is global recognition of the importance of addressing the adverse effects of climate change. However mitigation and adaption to climate change is an expensive undertaking that needs a collaborative financial support. To this end, we have, in recent years, seen the establishment of two major funds; namely the Adaptation Fundand most recently, the Green Climate Fund.The main purpose of these two funds is to provide the much needed financial supports to efforts of combating climate change.