; (14) the only realistic way for less industrialized countries to meet their full mitigation potential is through international climate financing by more developed countries; (15) in the 2009 Copenhagen Accord, developed countries committed to jointly mobilize, starting in 2020, $100,000,000,000 per year in public climate financing (as well as private investment and other alternative forms of finance), for developing countries, a commitment reaffirmed in 2015 in Decision 1/CP.21 of the United Nations Framework Convention on Climate Change, Adoption of the Paris Agreement; (16) the $100,000,000,000 commitment described in paragraph (15) was a political compromise that falls short of the actual financing needs for climate action in developing countries; (17) Bloomberg New Energy Finance has estimated that the transition to renewable energy sources in developing countries will require hundreds of billions of dollars annually; (18) the United Nations Environment Programme has estimated that adaptation needs relating to climate change in developing countries may be as much as $300,000,000,000 annually by 2030; (19) the Green Climate Fund was created in 2010 by 194 countries to serve as a crucial financing mechanism to help developing countries limit or reduce greenhouse gas emissions and adapt to climate change; (20) in 2015, the United Nations Framework Convention on Climate Change agreed that the Green Climate Fund should serve the goals of the Paris Agreement, which states that developed country Parties shall provide financial resources to assist developing country Parties with respect to both mitigation and adaptation in continuation of their existing obligations under the Convention ; (21) the Green Climate Fund is an essential institution for climate financing, as the Green Climate Fund ensures— (A) balanced governance between developed and developing countries; (B) stakeholder engagement and discourse; (C) a balanced approach between mitigation and adaptation; (D) fair and equal labor and working conditions