The findings of a recent global assessment show the Large Marine Ecosystems (LMEs) of our planet are warming much more rapidly than expected and are over-fished and over-fertilized.

The Global Environment Facility, the world’s largest public environment fund, was recognized with its partners for a path-breaking environmentally-sound transit project in Mexico City today.

Working with the Mexican government, the GEF together with a distinguished group of business, civil society and public institutions received the prestigious Roy Family Award for Environmental Partnership for its work to dramatically reduce greenhouse gas emissions through a sustainable transport bus project called Metrobus.

The world’s largest public environment fund, the Global Environment Facility (GEF) is joining with the IFC, a member of the World Bank Group, and Standard & Poor’s to launch the world’s first carbon efficient index for emerging markets. The partners predict their efforts could mobilize more than $1 billion for carbon-efficient companies over the next three years.

Ministers from the Solomon Islands and Indonesia - on behalf of the Coral Triangle countries - today called on world leaders to recognize and act upon the threat climate change poses to marine environments, particularly the adverse impacts on coral reefs, fisheries and food security. GEF has committed up to $63 million to support a program of action under the Coral Triangle Initiative.