Results of the cooperation between Benin and the GEF
The Global Environment Facility (GEF) has made significant contributions to Benin’s development since 1992, particularly through the promotion of a sound and sustainable environment, improvement of the quality of life of the population, strengthening of resilience to climate change and of productive capacities in the agriculture, energy, and water sectors, slowing of the loss of biological diversity, protection of natural and forest resources, and the fight against land degradation and coastal erosion.
Cooperation with the GEF has enabled Benin to respect its international commitments under the Multilateral Environmental Agreements.
The fund has financed 26 national projects in the amount of US$65,224,519 with US$472,946,072 in cofinancing. Two other projects are in the pipeline for financing in the amount of US$7,861,000. In total, 32 regional and global projects have received financing in the amount of US$144,433,248 with cofinancing totaling US$997,658,858.
Outlook
In terms of the relevant results of the cooperation, Benin has undertaken to consolidate and strengthen its cooperation with the Fund to promote integrated approaches to a healthy and sustainable living environment, reconstitute ecosystems, and implement the contribution decided at the national level and its other commitments under the Paris Agreement in the context of the fight against climate change and the Sustainable Development Goals (SDGs).
To this end, Benin will cooperate further to achieve irreversible development outcomes as part of the translation of international policies into the domestic context in the areas of:
- Climate change, by means of increased efforts to reduce the impact of climate change risks, mitigation, capacity building, and increased resilience.
- Biological diversity, through the promotion of relevant endogenous values and know-how and the development of genetic resources.
- Land degradation, desertification, and deforestation, through the rehabilitation of areas affected by desertification and the protection of their agricultural potential, rational management of resources to guarantee the sustainability of the forest stock, conservation of the forest stock, protection of animal resources, and management of resources in an integrated rural development framework to achieve the objective of zero degradation.