The GEF-8 Corporate Scorecard is a comprehensive report on the performance of the Global Environment Facility during the GEF-8 period. In particular, the Scorecard reports on the progress made towards the achievement of the GEF-8 targets. It also looks at how the GEF is utilizing resources available for its eighth replenishment cycle and making progress in the implementation of key policies. The Scorecard is published twice a year and this issue includes all projects approved from July 2022 up to and including the June 2023 work program.
This second Corporate Scorecard of the GEF-8 cycle shows that the GEF continues to make transformative investments across key environmental areas. GEF-8 financing reached $1.5 billion, almost thirty percent of the $5.3 billion allocated for this phase. The latest work program is the largest ever on record since the GEF's inception.