Global Environment Facility

From Wikinfo

The Global Environment Facility (GEF), established in 1991, helps developing countries fund projects and programs that protect the global environment. GEF grants support projects related to biodiversity, climate change, international waters, land degradation, the ozone layer, and persistent organic pollutants.

Contents 1 GEF Funding 2 Management of GEF Projects 3 External Links 3.1 Recent News 3.1.1 References

GEF Funding

Since 1991, the GEF has provided over $4.5 billion in grants and generated $14.5 billion in co-financing from other partners for projects in developing countries and countries with economies in transition. This includes grants for more than 1,300 projects in 140 countries.

GEF funds are contributed by donor countries. In 2002, 32 donor countries pledged $3 billion to fund operations through 2006.

Management of GEF Projects

GEF projects are managed by a set of Implementing Agencies, notably:

• United Nations Environment Programme
• United Nations Development Programme
• World Bank

External Links

• GEF Web site - What is the GEF?
• GEF International Waters Resource Centre

Recent News

• GEF Council Approves $224 Million in Grants for 19 Projects to Improve the Global Environment (21 November 2003)
• Other GEF Press Releases

References

• Adapted from the Wikipedia article, "Global_Environment_Facility" http://en.wikipedia.org/wiki/Global_Environment_Facility, used under the GNU Free Documentation License