With ongoing energy development, the trend toward greener growth that would take into account the urgency of climate events through optimal management of natural and energy resources (gas, electricity) by mitigating their environmental impact is becoming essential.
It is against this background that the Global Environment Facility (GEF) was created in 1991. It is the main mechanism for financing environmental projects and was chosen as the primary financing mechanism for the main Rio conventions in 1992.
GEF resources supplement existing funds to help finance an increasingly greener economy through environmental projects that help developing countries reach the global environment conservation goals recommended by conventions.
Côte d’Ivoire joined the GEF when it was created and has attended all Participants’ meetings held during the restructuring process, including the last one in Geneva in 1994.
Côte d’Ivoire is a GEF beneficiary and has made voluntary donor contributions to the institution's replenishments spanning the pilot phase through the third phase, for a total of SDR 14 million. The country recently committed to paying its outstanding contributions and has taken the necessary steps to honor these commitments.
The country has been the beneficiary of projects in the various GEF focal areas: 55 medium and large projects and 299 microprojects totaling US$299,179,625 in GEF subsidies; the addition of co-financing brings this amount to over US$1,145,046,268 in total gains.
In addition to projects, we have created an Institutional Framework, namely the GEF National Commission (CNFEM), which was established by Decree No. 2012-162 of February 9, 2012. This Commission provides a framework for discussing and coordinating GEF activities in Côte d’Ivoire, and is chaired by the Ministry of Economy and Finance. The functioning of this Commission is the responsibility of a Technical Committee that is chaired by the Ministry of Environment – the main beneficiary of GEF funding – and a Permanent Secretariat, our GEF Operational Focal Point responsible for the administrative management and coordination of GEF activities in the country. The CNFEM receives funding from the State for its activities.
To conclude, Côte d’Ivoire would like the financing of the projects and programs outlined in its road map to be taken into account. The road map was drafted after the country committed to adhering to the decisions reached by the international community during COP21 and takes into account the priorities set forth in Côte d’Ivoire's National Development Plan (NDP 2016-2020).