Showing 1-10 of 37 results
The GEF issues call for proposals for blended finance global program
The Global Environment Facility has issued a call for proposals under its Non-Grant Instrument Program which provides blended finance for selected initiatives that catalyze investments from private investors and capital markets.
While most of the GEF’s financing support is provided as grants, it also deploys a wide array of blended finance instruments such as debt, equity, and guarantees to attract private sector investment and deliver global environment benefits beyond business as usual.
GEF Council approves $916 million for urgent environmental action
The Global Environment Facility’s 186 member governments on Monday allocated $916 million for international action on biodiversity, climate change, nature renewal, and pollution control, and advanced five Integrated Programs designed to tackle complex challenges in their entirety.
The GEF Council, meeting in Washington DC, approved funding for 45 projects and programs, including four blended finance initiatives involving the private sector. The support will directly help more than 12 million people, including Indigenous Peoples and local communities.
Taskforce on Nature-related Financial Disclosures releases final recommendations
The TNFD Recommendations are a key milestone in the relationship between nature, business and financial capital, positioning nature risk alongside financial, operational and climate risk and helping to shift capital flows to nature-positive outcomes.
Present and future cashflows depend on the flow of nature’s inputs to business and accelerating nature loss poses a growing risk to businesses and capital providers.
The publication of 14 recommended disclosures and a suite of additional implementation guidance marks the culmination of a two-year consultative developm
Conselho do GEF destina US$ 1,4 bilhão para impulsionar ação ambiental
Em reunião no Brasil, o Conselho do Fundo Global para o Meio Ambiente (GEF) aprovou o desembolso de US$ 1,4 bilhão para acelerar os esforços para enfrentar as crises climática, da biodiversidade e da poluição.
O apoio do Conselho do GEF a este programa de trabalho recorde, que focaliza nas causas da degradação ambiental, acontece em meio a um ímpeto significativo para a diplomacia ambiental, após os recentes acordos inovadores sobre biodiversidade e áreas de alto mar, e também progresso em poluição pelos plásticos e outras questões.
GEF Council provides $1.4 billion boost for environmental action
Meeting in Brazil, the Global Environment Facility’s governing body approved the disbursement of $1.4 billion to accelerate efforts to tackle the climate, biodiversity, and pollution crises.
The GEF Council support for the record work program targeting the root causes of environmental damage came amid significant momentum for environmental diplomacy, following recent breakthrough deals on biodiversity, and the high seas, and progress on plastics and other issues.
Successful capital market instruments to mobilize private capital into conservation
Successful transactions that mobilize the private sector in conservation, including the Wildlife Conservation Bond and the Sovereign Debt Bond of Barbados, were highlighted during a session hosted by the GEF Pavilion at the UN Biodiversity Conference. The discussion, moderated by Avril Benchimol, Senior Blended Finance Specialist, GEF Secretariat, explored how these structures can be scaled to close the financing gap for biodiversity.
Cities call for increased investment to halt and reverse nature loss
As the largest biodiversity conference in a decade kicked off in Montreal, mayors from 15 cities around the world called for increased direct financing to allow cities to implement ambitious greening and ecosystem restoration projects.