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The GEF-7 Corporate Scorecard is a comprehensive report on the performance of the Global Environment Facility during the GEF-7 period. In particular, the Scorecard reports on the progress made towards the achievement of the GEF-7 targets. It also looks at how the GEF is utilizing resources made available for its seventh 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 June 2018 up to and including the December 2021 work program.
The Global Environment Facility’s governing body has approved $191 million in grants and blended finance to advance climate and nature investments through and after the pandemic. The funding is the second-to-last tranche to be released under GEF-7, the multilateral fund’s latest four-year funding cycle. It will support initiatives in 43 countries, including 10 Least Developed Countries and 16 small island developing states, that are expected to benefit 25 million local people while generating global environmental gains.