Resources for the GEF Trust Fund are replenished every four years when countries that wish to contribute to the GEF Trust Fund (referred to as “replenishment participants”) pledge resources through a process called the 'GEF Replenishment.'
During the negotiating sessions which constitute the replenishment process, replenishment participants discuss and come to agreement on a set of policy reforms to be undertaken, a document to guide the programming of resources (the programming document), and a level of resources that the GEF will aim to provide to recipient countries during the replenishment period. As part of the replenishment process, replenishment participants review "Overall Performance Studies" of the GEF, which are independent evaluations of the operations of the GEF during the previous replenishment period.
Negotiations for the current replenishment period (the GEF fifth replenishment - GEF-5 - period) concluded in May 2010. The Summary of Negotiations for the Fifth Replenishment of the GEF Trust Fund highlights the main items that were considered during the replenishment negotiations including the outcomes. The GEF- 5 period extends from July 1, 2010 through June 30th 2014.
The first meeting for the negotiations of the GEF-6 Replenishment period will take place in Paris, France from April 3-4 2013.
The second meeting for the negotiations of the GEF-6 Replenishment period will take place in Hyderabad, India from September 10 -11, 2013.
Fifth Overall Performance Study (OPS5)
Overall Performance Studies (OPS) provide an independent assessment of the achievements of the Global Environment Facility and they inform the GEF replenishment process.
The Evaluation Office is now preparing the Fifth Overall Performance Study (OPS5). It's main purpose is to assess the extent to which the GEF is achieving its objectives and to identify potential improvements. OPS5 will inform the sixth replenishment process of the GEF and will become a working document of the Fifth Assembly of the GEF.
Last update March 2013