February 2015, Md. Shamsuddhoha & Muhammed Atikul Haque The Green Climate Fund is the UNFCCC financial mechanism established at COP16 promoting paradigm shift towards low-emission and climate-resilient development pathways in relation to sustainable development. It aims to provide an uncomplicated, improved, and direct access to climate finance.  Given the scope of the GCF, the briefing paper analyses the background of the fund establishment, its operation, and access modalities, briefly focusing on the readiness of Bangladesh to access and programme GCF finance effectively.