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. Correct. The Global Climate Change Alliance (GCCA) was launched by the European Union to strengthen dialogue and cooperation on climate change with vulnerable developing countries.

2. Correct. GCCA provides technical and financial support to developing countries, helping them mainstream climate change into development policies, plans and budgets.

3. Incorrect. GCCA is not coordinated by WRI and WBCSD; it is an EU initiative managed through EU institutions and partner agencies.

Therefore, statements 1 and 2 only are correct.