With reference to 'Global Climate Change Alliance', which of the following statements is/are correct? 1. It is an initiative of the European Union. 2. It provides technical and financial support to targeted developing countries to integrate climate change into their development policies and budgets. 3. It is coordinated by World Resources Institute (WRI) and World Business Council for Sustainable Development (WBCSD). Select the correct answer using the code given below:

1. Statement 1 is correct. The Global Climate Change Alliance (GCCA) was established by the European Union (EU) in 2007. It serves as a platform for dialogue and cooperation on climate change between the EU and developing countries most vulnerable to climate change. 2. Statement 2 is correct. A key function of the GCCA is to provide technical and financial support to targeted developing countries, particularly Least Developed Countries (LDCs) and Small Island Developing States (SIDS). This support aims to help them integrate climate change considerations into their development policies and budgets. 3. Statement 3 is incorrect. The GCCA is coordinated primarily by the European Commission (specifically DG DEVCO and DG CLIMA). The World Resources Institute (WRI) and the World Business Council for Sustainable Development (WBCSD) are independent organizations and are not the coordinating bodies for the GCCA. 4. Therefore, only statements 1 and 2 are correct.