GEF : Close to $1 billion approved for environment and climate action at GEF meetings GEF 56th Council and 26th LDCF-SCCF meetings signal “new way of doing business”

 

 

Governments have approved programmes and projects worth almost $1 billion to tackle growing threats to the natural world - and to help some of the Earth's most vulnerable people adapt to climate change - at two consecutive Global Environment Facility (GEF) meetings in Washington DC this week.

 

 

They range from an ambitious $232 million integrated programme aimed at a “transformational shift in the agriculture and land use systems that are major drivers of environmental degradation around the world” to helping fishing people in Timor-Leste, improving the management of soils in Caribbean islands, and tackling the illegal world wildlife trade.

 

 

The 56th GEF Council meeting passed its biggest ever work program, totalling $865.9 million from its Trust Fund. It was then followed by a meeting of two smaller GEF funds – the Least Developed Countries Fund (LDCF) and the Special Climate Change Fund (SCCF) - which approved work programs adding up to a further $101.57 million.

 

 

In remarks at the end of the meetings, Naoko Ishii, GEF CEO and Chairperson, said the new work programs pursue a new approach being pioneered by the GEF, and signify “a new way of doing business,” and, she added, “a new phase for GEF’s strategy and implementation.”

 

 

“We at the GEF have been evolving our strategy over the past few years,” Ishii said earlier in the week. “The GEF 2020 strategy adopted by the Council in 2014 shifted our focus from symptoms to causes or drivers of environmental degradation.  Transformation, or systems change, is a centrepiece of our efforts to maximise impacts, and integration as an effective way of delivery.”

 

 

This approach lies at the heart of the GEF's $4.1 billion seventh funding cycle, GEF-7, which started in June 2018. It is particularly exemplified in the new GEF Trust Fund work program – which will benefit 91 countries - by four new Impact Programs, which bring together governments and the private sector to work collaboratively on common environmental challenges to have direct effects at regional and global scales on ecology, economics and societies. 

 

Find out more…

 

Go back

CBFP News

Unenvironment-African Ministers of the environment agree to accelerate action through effective mechanisms for sustainable development

Durban, 15 November 2019 – In a ministerial declaration issued today at the closing of the 17th Ordinary Session of the African Ministerial Conference on the Environment (AMCEN), African governments agreed to make the Conference the forum for making regional environment policies with effective mechanisms for implementation.

Read more …

First GCF Green Champions to be announced at COP25

The GCF Green Champions Awards was launched in August this year to recognise and promote the most noteworthy and successful efforts to fight climate change in developing countries. The nominees, which include outstanding individuals and organisations driving climate transformation, are among the prime examples of initiatives that exemplify environmental, social and business-led commitments to combat climate change.

Read more …

Thegef-The next challenge for business: adapting to climate change

The private sector must begin preparing for climate change and the ensuing disruption to operations and services with new approaches. The future success of the private sector may not only depend on how successfully it can mitigate, but also on how it can adapt to climate change. Extreme weather events are already causing havoc to operations, supply chains and commerce all over the world.

Read more …

GEF to showcase power of partnerships at Madrid climate summit

As financial mechanism of the UN climate convention (UNFCCC), the Global Environment Facility (GEF) will play a central role in Madrid in helping advance negotiations on topics such as finance and technology transfer, and in highlighting examples of where climate change action is bearing fruit, where it can be scaled up, and where more work must be done, especially in least developed countries.

Read more …

Adaptation Fund at COP25

The 25th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP25), as well as CMP15 and CMA2 will be held from December 2-13, 2019 in Madrid, Spain. The conference was originally scheduled to take place in Santiago, Chile, but the venue was changed due to the difficult situation the country was undergoing. However, Chile remains as the COP25 Presidency with Spain stepping forward to host this conference of “action”, demonstrating the spirit of cooperation and partnership in the fight against climate change.

Read more …

Rwanda and Republic of Congo receive project funding approved during Adaptation Fund Board meeting - Adaptation Fund Board Approves US$ 63 Million in New Projects, Including First Innovation and Scale-Up Grants

The new grant window projects approved by the Board include small innovation grants for Armenia (through its NIE, EPIU) and Chile (through its NIE, AGCID), and one project scale-up grant for Rwanda through its NIE, the Ministry of Environment…Through its concrete project funding process, the Board approved six concrete adaptation projects totaling over US$ 52 million in Congo, El Salvador, Georgia, Malawi, the Republic of Moldova, and a regional project in Djibouti, Kenya, Sudan and Uganda

Read more …

GCF-Green Climate Fund Board commits an additional USD 407.8 million to combat climate crisis

No mobilization for Central Africa during the 24th GCF Board meeting which allocates USD 407.8 million, raising GCF's total portfolio to USD 5.6 billion. The Board 24th approved 13 new projects. Similarly, for Central Africa no projects were approved under the Simplified Approval Process (SAP) as well as accreditation during the 24th GCF Board meeting…

Read more …

AF-Adaptation Fund’s New E-Learning Course on Direct Access Designed to Help Countries and Stakeholders Unlock Climate Finance

Washington, D.C. (November 27, 2019) — The Adaptation Fund has enhanced its suite of knowledge products with the launch of an interactive new learning tool aimed at helping developing country organizations improve access to adaptation finance.

Read more …

CBFP News Archive

2019

Adaptation Fund at COP25
BCC 2020 Save the Date!
Forest Watch October 2019
World Bamboo Day
China goes green again!
GEF Newsletter | June 2019
The Cafi Dialogues
Forest Watch April 2019
Forest Watch March 2019