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Meeting just before a high stakes UN Biodiversity Conference in Montreal, the Global Environment Facility’s governing body approved new biodiversity funding and backed a new youth leadership program supporting the next generation of conservation scientists. In its 63rd meeting, the GEF Council endorsed $65 million for biodiversity projects, including more than $18 million to support the development of biodiversity finance plans in 26 countries.

The GEF provides financial resources for developing countries and countries with economies in transition to implement the Convention on Biological Diversity (CBD). The goal of the GEF-8 (2022-2026) biodiversity focal area strategy is globally significant biodiversity conserved, sustainably used, and restored. To achieve this goal, GEF-8 investments will focus on three main objectives: