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Country-At-A-Glance

Venezuela is a member of a constituency comprised of the following countries: Costa Rica, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, Venezuela

Active Project Portfolio

Trust Fund Project Type Number of Projects Total Financing Total Co-Financing Ratio
GET National 8 $37,592,242 5.40
GET Regional/Global 14 $328,596,930 1.56
LDCF National/Regional $0 0.00
SCCF National/Regional $0 0.00
Financing for national and regional projects is inclusive of financing covering all participating countries.

STAR GEF-8 Allocation and Utilization (All amounts in US$)

Focal Area Allocated Utilized Available Sources of funds * utilized Sources of funds available
Biodiversity $18,685,475 $18,202,250 $483,225 $18,202,250 $483,225
Climate Change $5,678,606 $3,764,500 $1,914,106 $3,764,500 $1,914,106
Land Degradation $2,096,260 $2,096,000 $260 $2,096,000 $260
Total $26,460,341 $24,062,750 $2,397,591 $24,062,750 $2,397,591
* In light of the GEF-8 STAR full flexibility across three STAR focal areas, sources of funds are to indicate from which STAR focal area (Biodiversity, Climate Change, Land Degradation) funds are withdrawn to finance projects. This information is endorsed by the country’s Operational Focal Point.

STAR GEF-7 Allocation and Utilization (All amounts in US$)

Focal Area Indicative allocation Allocation utilized Allocations remaining to be programmed
Biodiversity $15,054,191 $15,217,133 ($162,942)
Climate Change $3,762,943 $1,200,000 $2,562,943
Land Degradation $1,000,000 $3,400,000 ($2,400,000)
Total $19,817,134 $19,817,133 $1

STAR GEF-6 Allocation and Utilization (All amounts in US$)

Focal Area Indicative allocation Allocation utilized Allocations remaining to be programmed
Climate Change $8,863,035 $100,000 $8,763,035
Biodiversity $16,251,828 $100,000 $16,151,828
Land Degradation $1,004,508 $65,000 $939,508
Total $26,119,371 $265,000 $25,854,371

STAR GEF-5 Allocation and Utilization (All amounts in US$)

Focal Area Indicative allocation Allocation utilized PIFs cleared by CEO awaiting approval Allocations remaining to be programmed
Biodiversity 14,490,000 7,600,611 0 6,889,389
Climate Change 11,770,000 4,085,000 0 7,685,000
Land Degradation 950,000 950,000 0 0
Total 27,210,000 12,635,611 0 14,574,389

RAF GEF-4 Allocation and Utilization Summary(All amounts in US$)

Focal Area GEF-4 Indicative Allocation* Allocation Utilized PIFs cleared by CEO awaiting approval Allocations remaining to be programmed
Climate Change $10,400,000 $9,646,600 $0 $753,401
Biodiversity $17,300,000 $16,796,193 $0 $503,807
Total $27,700,000 $26,442,793 $0 $1,257,208

RAF GEF-4 Projects in Biodiversity (All amounts in US$)

GEF_ID Focal Area GEF Agency Project Type Approval Date GEF Project Grant GEF Agency Fee Total Transaction
3609 Biodiversity UNDP FP 2008-04-24 $7,175,866 $726,927 $7,902,793
3609 Biodiversity UNDP PPG 2008-02-14 $93,400 $0 $93,400
3865 Biodiversity UNDP FP 2009-06-24 $7,445,455 $744,545 $8,190,000
3865 Biodiversity UNDP PPG 2009-01-23 $100,000 $10,000 $110,000
3871 Biodiversity UNDP FP 2009-04-21 $480,769 $19,231 $500,000
Total $15,295,490 $1,500,703 $16,796,193

RAF GEF-4 Projects in Climate Change (All amounts in US$)

GEF_ID Focal Area GEF Agency Project Type Approval Date GEF Project Grant GEF Agency Fee Total Transaction
3683 Climate Change UNDP FP 2008-11-13 $4,087,545 $412,555 $4,500,100
3683 Climate Change UNDP PPG 2008-05-29 $38,000 $0 $38,000
3871 Climate Change UNDP FP 2009-04-21 $961,538 $38,462 $1,000,000
3963 Climate Change IFAD FP 2010-03-17 $3,635,000 $363,500 $3,998,500
3963 Climate Change IFAD PPG 2009-07-14 $100,000 $10,000 $110,000
Total $8,822,083 $824,517 $9,646,600

Contacts

Political Focal Point
Viceministro Ruben Dario Molina
Political Focal Point since 2021-11-22
Despacho del Viceministro para Temas Multilaterales
Ministerio del Poder Popular para Relaciones Exteriores
Avenida Urdaneta, Esquina de Carmelitas, Torre MRE, 1010
Caracas
Venezuela
Tel: +58 212 802 8000; ext. 6151
Email: dir.asuntosmultilaterales[a t ]mppre.gob.ve; despacho.temasmultilaterales[a t ]gmail.com
Operational Focal Point
Mr. Miguel Serrano
Operational Focal Point since 2020-02-03
Director de Integracion y Asuntos Internacionales
Ministerio del Poder Popular para el Ecosocialismo
Centro Simon Bolivar, Torre Sur, Piso 29, El Silencio, Oficina 18-05
Caracas, Distrito Capital - 1010
Venezuela
Tel: +58 4120298884
Email: oiai.minec at gmail.com; cooperacioninternacionalminec at gmail.com