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.