3. How much money will the Green Climate Fund handle?
The Green Climate Fund aims to raise $100 billion annually from 2020 and $30 billion for the 2010-2012 period to help low-income countries fund their adaptation and mitigation needs related to climate change. However, this figure is not official, since it has not yet been defined where this money would come from. It has been argued that the most industrialized countries are the ones who put most of the funds, which could also come from the private sector.