Record funding for the Global Environment Facility

The world’s largest public environmental fund, the Global Environment Facility (GEF), received a record boost from donor countries today with more than 30 nations pledging $4.25 billion in what will be the first significant multilateral step toward the commitments in Copenhagen on climate change and in other key international environmental agreements. The $4.25 billion pledged for the next four years is the largest ever increase in funding for the GEF.