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Global Environment Facility (GEF)

The Global Environment Facility (GEF) is a global partnership among 178 countries, international institutions, non-governmental organizations (NGOs), and the private sector to address global environmental issues while supporting national sustainable development initiatives. It provides grants for projects related to six focal areas: biodiversity, climate change, international waters, land degradation, the ozone layer, and persistent organic pollutants.

The GEF is also the designated financial mechanism for a number of multilateral environmental agreements (MEAs) or conventions; as such the GEF assists countries in meeting their obligations under the conventions that they have signed and ratified. These conventions and MEAs provide guidance to the two governing bodies of the GEF: the GEF Council and the GEF Assembly.

• Convention on Biological Diversity (CBD)
• United Nations Framework Convention on Climate Change (UNFCCC)
• Stockholm Convention on Persistent Organic Pollutants (POPs)
• UN Convention to Combat Desertification (UNCCD)

The GEF is also associated with many global and regional MEAs that deal with international waters or transboundary water systems.

As such, the GEF helps fund initiatives to assist developing countries in meeting the objectives of the Conventions.
GEF Funding

Today the GEF is the largest funder of projects to improve the global environment. Since 1991, GEF has achieved a strong track record with developing countries and countries with economies in transition, providing $8.26 billion in grants and leveraging $33.7 billion in co-financing for over 2,200 projects in over 165 countries. Search the GEF database for project information and documents.

GEF funds are contributed by donor countries. In 2002, 32 donor countries pledged $3 billion to fund operations through 2006. At the Fourth GEF Assembly in 2006, an additional $3.13 billion was committed.

Renewable Energy Initiatives

– Funding for the Caribbean Information Platform on Renewable Energy (CIPORE)

Category/ies:Funding Source, Organisations.
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