News

Biodiversity is a valuable resource. The world benefits from biodiversity and associated local traditional knowledge, so when these are exploited by parties with large financial resources – for example for the manufacture of pharmaceuticals – source countries need to be compensated.

UN Environment and others are working to ensure that benefits from the use of such resources are used to protect environments and the people who rely on them.

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Dear Colleagues and Friends,

As 2017 draws to a close, we are looking back on a very busy year for the Global Environment Facility.

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The people of the Pacific islands may be among the smallest contributors to climate change, but they are on the frontline of its impacts.

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The world’s Environment Ministers gathered at the UN Environment Assembly (UNEA) in Nairobi this week to commit to and find solutions for a world free of pollution.

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The Global Environment Facility (GEF) 53rd Council wrapped up today after approving a work program of more than $500 million that puts a strong emphasis on support for Small Island Developing States (SIDS) and Least Developed Countries (LDCs).

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The GEF Council has approved an updated Policy on Stakeholder Engagement. The new policy, presented at the 53rd council meeting taking place in Washington DC, is the result of a two-year collaborative and consultative process involving civil society, indigenous peoples, recipient country governments, GEF agencies and other stakeholders.

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