Across its family of funds, the Global Environment Facility (GEF) approved $4.64 billion for 649 projects supporting implementation of the Kunming-Montreal Global Biodiversity Framework (KMGBF) in 144 countries during GEF-8 (July 2022 to June 2026), including $121.8 million for Enabling Activities supporting national planning and reporting under the Convention on Biological Diversity and its protocols.
This publication looks back at GEF-8 results and ahead to GEF-9, where the biodiversity strategy will focus on three objectives: conserving, sustainably using, and restoring ecosystems; strengthening biosafety and benefit-sharing under the Cartagena and Nagoya Protocols; and realigning financial flows to mobilize domestic resources. GEF-9 will also provide $125 million for Enabling Activities, supporting national biodiversity monitoring and reporting, Cartagena and Nagoya Protocol reporting, and biodiversity finance plans.