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Bhutan hosts summit targeting $1 billion for the conservation of tiger landscapes
On the occasion of Earth Day 2024, the Royal Government of Bhutan is hosting the Sustainable Finance for Tiger Landscapes Conference under the patronage of The Queen, Jetsun Pema Wangchuck. The conference will launch an ambition to mobilize $1 billion in new funding over 10 years for the preservation of tiger landscapes, which are vital to maintaining biodiversity, sequestering carbon, supplying resources to over 100 million people, and ensuring the overall health of our planet.
New initiative aims to curb the toxic impacts of agriculture
The governments of Ecuador, India, Kenya, Lao PDR, Philippines, Uruguay, and Viet Nam have come together to launch a $379 million initiative to combat pollution from the use of pesticides and plastics in agriculture.
On the path to a green future in Kazakhstan
During his first official visit to Kazakhstan from February 16-18, GEF CEO and Chairperson Carlos Manuel Rodríguez met with officials from the Government of Kazakhstan, the United Nations Development Programme, and other agency partners to discuss cooperation and progress on biodiversity and ecosystem conservation, sustainable energy, and climate change.
Carlos Manuel Rodríguez and his team also visited protected areas and local communities which benefitted from investments by the GEF and the Small Grants Programme.
The GEF issues call for proposals for blended finance global program
The Global Environment Facility has issued a call for proposals under its Non-Grant Instrument Program which provides blended finance for selected initiatives that catalyze investments from private investors and capital markets.
While most of the GEF’s financing support is provided as grants, it also deploys a wide array of blended finance instruments such as debt, equity, and guarantees to attract private sector investment and deliver global environment benefits beyond business as usual.
GEF Council approves $1.1 billion and sets plans for biodiversity fund
The Global Environment Facility’s 186 member governments have agreed to invest $1.1 billion for international action on biodiversity, climate change, nature renewal, and pollution control, and met for the first time as Council of the new Global Biodiversity Framework Fund (GBFF).
GEF deploys additional high-impact climate adaptation funding
The Global Environment Facility’s member countries have approved $203 million in high-impact climate adaptation investment for Least Developed Countries, Small Island Developing States, and other countries needing to reinforce their food systems, water resources, and warning systems as a result of growing climate change risks.
GEF Council approves $916 million for urgent environmental action
The Global Environment Facility’s 186 member governments on Monday allocated $916 million for international action on biodiversity, climate change, nature renewal, and pollution control, and advanced five Integrated Programs designed to tackle complex challenges in their entirety.
The GEF Council, meeting in Washington DC, approved funding for 45 projects and programs, including four blended finance initiatives involving the private sector. The support will directly help more than 12 million people, including Indigenous Peoples and local communities.
GEF family of funds set for ambitious investments in nature
The Global Environment Facility’s governing board will start 2024 with decisions on more than $1 billion in funding for climate change adaptation, biodiversity, ocean health, pollution control, and more, as the GEF family of funds continues to expand the support it provides across multiple international environmental conventions.
GEF CEO statement on Japan's pledge to the Global Biodiversity Framework Fund
Carlos Manuel Rodríguez, GEF CEO and Chairperson:
Joint statement on donors' pledge of $174.2 million and confirmation of support to the Least Developed Countries Fund and Special Climate Change Fund
The text of the following statement was released by the Governments of Belgium, Canada, France, Germany, Norway, Spain, Sweden, and the United Kingdom.