Showing 11-20 of 37 results
A new lifeline for wildlife conservation finance
What do capital markets have to do with biodiversity? Until now, very little. This changed this week with the launch of a landmark Wildlife Conservation Bond or “rhino bond” that offers a payout linked to the protection of black rhinos, a critically endangered species whose health is essential to the ecosystems in which they live.
Wildlife Conservation Bond boosts South Africa's efforts to protect black rhinos and support local communities
The World Bank (International Bank for Reconstruction and Development, IBRD) today priced the Wildlife Conservation Bond (WCB) in support of South Africa’s efforts to conserve endangered species. Also known as the “Rhino Bond,” this five-year $150 million Sustainable Development Bond includes a potential performance payment from the Global Environment Facility, which will contribute to protecting and increasing black rhino populations in two protected areas in South Africa, the Addo Elephant National Park (AENP) and the Great Fish River Nature Reserve (GFRNR).
GEF Council approves $191 million for healthy planet and people
The Global Environment Facility’s governing body has approved $191 million in grants and blended finance to advance climate and nature investments through and after the pandemic.
The funding is the second-to-last tranche to be released under GEF-7, the multilateral fund’s latest four-year funding cycle. It will support initiatives in 43 countries, including 10 Least Developed Countries and 16 small island developing states, that are expected to benefit 25 million local people while generating global environmental gains.
How the GEF's blended finance is helping environmental innovators
The Global Environment Facility has opened its fifth call for proposals eligible for blended finance support, reflecting the continued growth of its targeted support for innovative and entrepreneurial projects that can yield global environmental benefits.
GEF Council endorses $281 million for urgent environmental action
The latest work program will help developing countries’ clean, resilient, blue, and green recovery from COVID-19, with targeted support for marine biodiversity, fisheries, chemical management, biodiversity, climate change, landscapes, e-mobility, green buildings, and mercury-free mining.
Engaging with the private sector for greater impact
Since the landmark Paris Agreement of 2015, there has been a dramatic increase in private sector interest and action related to climate change. In just five years, hundreds of companies have set targets to reach net-zero greenhouse gas emissions by 2050 and have outlined science-informed plans to achieve them.
Guide for Understanding and Accessing Blended Finance
Increasingly, stakeholders across the public and private sector are seeking to follow the guidance of global environmental conventions that the GEF supports and engage in protecting the global environment. This guide is a resource on the GEF Council guidance and policies that helped shape the Global Environment Facility's approach to blended finance. It may also help private sector, CSO, and potential project developers navigate the application process to become investment partners in innovative blended finance projects.
Nature+ Accelerator Fund to 'incubate and accelerate' conservation investments
The International Union for Conservation of Nature, Mirova Natural Capital, and the Global Environment Facility have teamed up to launch the world’s first conservation accelerator fund, an investment vehicle designed to help channel private sector funding into cutting-edge initiatives with the potential to benefit both nature and investors.