GEF CEO Naoko Ishii Participates in the 2nd GLOBE Climate Legislation Summit
Growing socioeconomic trends such as population growth, expanding cities, and a rapidly growing global middle class have led us to a time when the world’s natural resources are being depleted to unsustainable levels and ecosystems have exceeded their carrying capacity. The 2nd Globe Climate Legislation Summit this week highlighted the central role that law-makers have in establishing the foundation for sustainable development and a prosperous future.
On February 27th the GEF CEO Naoko Ishii participated in the High Level Opening Session of the 2nd GLOBE Climate Legislation Summit at the United States Senate in Washington DC, where she highlighted the importance of law-makers in overcoming the actions that lead to over-exploitation of our natural resources and compromise our planet for the future. “Appropriate laws and regulations can create clear, predictable and transparent signals so that today’s economic decisions—by both the private and the public sectors—do not compromise tomorrow’s opportunities.”, said Ishii.
The 4th GLOBE Climate Legislation Study of 66 countries, developed in partnership with the Grantham Institute and the London School of Economics and presented at the Summit, highlighted the visible progress made in national legislations on climate change and calls for action to be taken immediately. Naoko Ishii congratulated GLOBE International and partners for the study and confirmed that the GEF also believes there are extremely promising examples of law-makers taking the lead in climate legislation.
The GEF, through its role as financial mechanism for multiple global environmental conventions, has worked with governments in more than 100 countries to support the development of laws and regulations to increase energy efficiency across a variety of sectors and establish policy frameworks to expand renewable energy markets. In Mexico, the GEF supported the enactments of laws and regulations that aim to reduce CO2 emissions from deforestation and forest degradation. In Costa Rica, the GEF together with the World Bank and other partners has supported a pioneering scheme of payment for ecosystem services that compensates landowners for activities that generate environmental benefits.
Naoko Ishii concluded her address expressing her will for the GEF and Globe International to continue working together to advance climate legislation around the world. “We are proud to be a partner to the upcoming GLOBE World Summit to be hosted by Mexico in June, and we look forward to continue working with GLOBE International and other partners to ensure that the world’s law-makers have the tools and information necessary to make the right decisions for sustainable development”.
For more information on GLOBE:
About the Global Environment Facility
The Global Environment Facility (GEF) unites 183 countries in partnership with international institutions, civil society organizations (CSOs), and the private sector to address global environmental issues while supporting national sustainable development initiatives. An independently operating financial organization, the GEF provides grants for projects related to biodiversity, climate change, international waters, land degradation, the ozone layer, and persistent organic pollutants.
Since 1991, the GEF has achieved a strong track record with developing countries and countries with economies in transition, providing $11.5 billion in grants and leveraging $57 billion in co-financing for over 3,215 projects in over 165 countries. Through its Small Grants Programme (SGP), the GEF has also made more than 16,030 small grants directly to civil society and community based organizations, totaling $653.2 million.
Mr. Christian Hofer
Senior Communications Officer
Phone: +1 202 458 0936