A group of 46 least developed countries will receive 356 million euros for the development of climate adaptation projects. Announced this Tuesday at the world climate summit being held in the UK, the amount will be channeled through the Least Developed Countries Fund (LDCF).

Support came from Belgium, the Belgian Walloon region, Canada, Denmark, Estonia, France, Germany, Ireland, the Netherlands, Sweden, Switzerland, and the United States.

According to the funding countries, the GFCM is the only dedicated source of climate resilience funds for 46 poorer countries, which have contributed the least to greenhouse gas emissions but face some of the greatest risks from climate change. It is supported by the Global Environment Facility (GEF in its original acronym) created in 1990 to assist developing countries in finding solutions to protect ecosystems and biodiversity.

"I am delighted with the strong show of support for the GEF, which is the only source of support for the world's most vulnerable countries. The pledges made today will make an immediate difference where the risks of climate change are most acute," said GEF President Carlos Manuel Rodriguez.

The president of the group of 46 countries, Phuntsho Wangdi, at the negotiations taking place in Glasgow, warned, quoted in a GEF statement, "We are 46 of the most vulnerable countries in the world, and science indicates that our exposure to climate risk will only increase."