The Green Climate Fund (GCF) was established at the 2010 climate conference in Cancún to address the impacts of the global climate crisis. The GCF is intended to help keep global warming below two degrees Celsius. To this end, the fund finances climate projects in developing countries.

The funds are made available directly to national or regional organisations. Funding is provided for measures aimed at lower-emission economic development. At least 50 % of the funds are channelled into projects that contribute to adapting to the effects of climate change. 7.5 billion USD were initially used to finance more than 120 projects in over 100 countries.

In the meantime, however, the extent of climate change and the need for action have intensified, with 34 donor countries pledging contributions totalling around USD 10 billion by March 2023. Liechtenstein, which forms a constituency in the GCF together with Switzerland, Monaco, Hungary and Finland, is working with these partner countries to organise the fund as efficiently as possible. Accordingly, Liechtenstein will continue its commitment to the GCF as a reliable partner.