Main Issue

In December 2015, global leaders reached an unprecedented agreement on climate change at the twenty-first Conference of the Parties (COP21) in Paris. The GEF will serve the Paris Agreement reached by 195 nations that agreed to keep global warming well below 2°C. As part of the Agreement, Parties to the United Nations Framework Convention on Climate Change (UNFCCC) have agreed to establish a Capacity-Building Initiative for Transparency (CBIT). The CBIT will aim to strengthen the institutional and technical capacities of developing countries to meet the enhanced transparency requirements in the Paris Agreement, leading up to 2020 and beyond. Read more +

What We Do

The shift to a low-carbon economy will take creative thinking and innovative financing. Based on our quarter century of experience and wide network of partners, the GEF is well-placed to help support this transformation.

The GEF is an operating entity of the financial mechanism for the United Nations Framework Convention on Climate Change (UNFCCC). As such, our resources serve as a catalyst for the types of large-scale investments necessary for the creation of a low-carbon, climate resilient economy.

We invest in energy efficiency, renewable energy, sustainable transport and climate-smart agriculture projects to support the mitigation of greenhouse gases. Read more +


GEF-funded projects have had a tangible impact on climate change:

  • Reducing the vulnerability of almost 17 million people in more than 130 countries
  • Protecting carbon sinks and biodiversity in 3,300 protected areas covering 860 million ha, an area larger than Brazil. 
  • Improving sustainable land management in 350 million ha of productive landscapes and seascapes 
  • Removing almost 600 million tonnes of greenhouse gases through renewable energy projects and over 400 million tonnes through energy efficiency projects.  

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Climate Mitigation Projects

$1.3 billion

To help communities to adapt to climate change

$38.3 billion

Co-financing mobilized by $4.2 billion in GEF grants for mitigation