The document outlines the urgent need for climate finance, estimating a requirement of USD 5 trillion for clean technology by 2020. It details various multilateral climate funds, including the Green Climate Fund (GCF), which aims to support developing countries in reducing greenhouse gas emissions and adapting to climate change impacts, focusing on both public and private sector involvement. The GCF will initiate operations through accredited entities while outlining initial project proposal criteria that emphasize impact potential, efficiency, and country ownership.