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Funding Adaptation Action in Least Developed Countries with Support from the LDCF
The GEF’s adaptation support for Least Developed Countries (LDCs) is delivered through the Least Developed Countries Fund (LDCF). The LDCF is the only multilateral fund that focuses exclusively on the unique climate adaptation challenges of LDCs and is embraced by LDCs as their own. The fund has a strong track record of supporting LDCs to address adaptation priorities over more than two decades. It delivers targeted support to the world’s most vulnerable countries, and their people and ecosystems.
FOLUR Annual Report 2023: Cultivating a Community for Sustainable Landscapes
This annual progress report covers the period from July 1, 2022 to June 30, 2023, providing an update on the Global Environment Facility-supported Food Systems, Land Use and Restoration (FOLUR) Impact Program’s progress and achievements.
The emphasis during this period included strengthening community to accelerate fruitful knowledge exchange across country projects and disseminate insights into how best to initiate private and public sector action on value chains.
SCCF: Serving the Adaptation Needs of SIDS and Enhancing Technology Transfer, Private Sector Engagement, and Innovation
The Special Climate Change Fund (SCCF), established by the United Nations Framework Convention on Climate Change (UNFCCC) in 2001, is managed by the Global Environment Facility.
Extensive consultations with stakeholders guided development of a new strategy for 2022-2026. The strategy builds on existing strengths, while filling two major gaps in the adaptation finance landscape. Its two funding windows focus on supporting the adaptation needs of Small Island Developing States (window A) and strengthening technology transfer, innovation and private sector engagement (window B).
On the path to a green future in Kazakhstan
During his first official visit to Kazakhstan from February 16-18, GEF CEO and Chairperson Carlos Manuel Rodríguez met with officials from the Government of Kazakhstan, the United Nations Development Programme, and other agency partners to discuss cooperation and progress on biodiversity and ecosystem conservation, sustainable energy, and climate change.
Carlos Manuel Rodríguez and his team also visited protected areas and local communities which benefitted from investments by the GEF and the Small Grants Programme.
GEF Council approves $1.1 billion and sets plans for biodiversity fund
The Global Environment Facility’s 186 member governments have agreed to invest $1.1 billion for international action on biodiversity, climate change, nature renewal, and pollution control, and met for the first time as Council of the new Global Biodiversity Framework Fund (GBFF).
GEF deploys additional high-impact climate adaptation funding
The Global Environment Facility’s member countries have approved $203 million in high-impact climate adaptation investment for Least Developed Countries, Small Island Developing States, and other countries needing to reinforce their food systems, water resources, and warning systems as a result of growing climate change risks.
GEF Council approves $916 million for urgent environmental action
The Global Environment Facility’s 186 member governments on Monday allocated $916 million for international action on biodiversity, climate change, nature renewal, and pollution control, and advanced five Integrated Programs designed to tackle complex challenges in their entirety.
The GEF Council, meeting in Washington DC, approved funding for 45 projects and programs, including four blended finance initiatives involving the private sector. The support will directly help more than 12 million people, including Indigenous Peoples and local communities.
Climate finance: the role of the climate funds in supporting developing countries
Climate finance must be increased to meet the global climate challenge so that developing countries can increase the ambition of their responses. This event highlighted a new joint declaration from the four multilateral climate funds - the Adaptation Fund, the Climate Investment Funds, the Global Environment Facility, and the Green Climate Fund - that emphasizes their commitment to develop an ambitious and concrete action plan to enhance access to climate finance and increase the collective impact of their actions.