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Highlights from day 4 of the 66th GEF Council meeting
On Thursday, the Global Environment Facility Council, meeting as the Least Developed Countries Fund (LDCF)/Special Climate Change Fund (SCCF) Council, approved one of the largest LDCF/SCCF work programs ever. In his opening remarks to the LDCF/SCCF Council, GEF CEO and Council Co-Chair Carlos Manuel Rodríguez emphasized the importance of these two GEF adaptation funds to build resilience and adaptation in the world’s most vulnerable countries. They also met as the first Global Biodiversity Framework Fund (GBFF) Council and approved GBFF’s Resource Allocation Policy.
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).
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