GLOBAL ENVIRONMENT FACILITY

GLOBAL ENVIRONMENT FACILITY

Ø  The Global Environment Facility (GEF) unites 182 member governments — in partnership with international institutions, nongovernmental organizations, and the private sector — to address global environmental issues.

Ø  An independent financial organization, the GEF provides grants to developing countries and countries with economies in transition for projects related to biodiversity, climate change, international waters, land degradation, the ozone layer, and persistent organic pollutants.

Ø  These projects benefit the global environment, linking local, national, and global environmental challenges and promoting sustainable livelihoods.

Ø  Established in 1991, the GEF is today the largest funder of projects to improve the global environment.

Ø  The GEF has allocated $9.2 billion, supplemented by more than $40 billion in cofinancing, for more than 2,700 projects in more than 165 developing countries and countries with economies in transition.

Ø  Through its Small Grants Programme (SGP), managed by Delfin Ganapin, Jr., the GEF has also made more than 12,000 small grants directly to nongovernmental and community organizations, totalling $495 million.

Ø  The GEF partnership includes 10 agencies: the UN Development Programme; the UN Environment Programme; the World Bank; the UN Food and Agriculture Organization; the UN Industrial Development Organization; the African Development Bank; the Asian Development Bank; the European Bank for Reconstruction and Development; the Inter-American Development Bank; and the International Fund for Agricultural Development.

Ø  The Scientific and Technical Advisory Panel provides technical and scientific advice on the GEF’s policies and projects.

Ø  The Instrument for the Establishment of the Restructured GEF is the document which established the GEF after an initial pilot phase. It contains provisions for the governance, participation, replenishment, and fiduciary and administrative operations of the GEF. It also lays out the roles and responsibilities of different actors in the GEF.

Ø  The GEF also serves as financial mechanism for the following conventions:

·        Convention on Biological Diversity (CBD)

·        United Nations Framework Convention on Climate Change (UNFCCC)

·        UN Convention to Combat Desertification (UNCCD)

·        Stockholm Convention on Persistent Organic Pollutants (POPs)

Ø  The GEF, although not linked formally to the Montreal Protocol on Substances that Deplete the Ozone Layer (MP), supports implementation of the Protocol in countries with economies in transition.