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Aparna
Aparna

Aparna

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Aparna
Asked: October 2, 20212021-10-02T16:34:16+05:30 2021-10-02T16:34:16+05:30In: GENERAL

What is Global Environment Facility (GEF)?

What is Global Environment Facility (GEF)?

current affairsinternational organisation
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      [Deleted User]
      2021-10-02T16:38:58+05:30Added an answer on October 2, 2021 at 4:38 pm

      Global Environment Facility (GEF)

      • It was established in October 1991 as a $1 billion pilot program in the World Bank to assist in the protection of the global environment and to promote environmentally sustainable development.
      • Headquarter: Washington, United States of America
      • It unites 183 countries in partnership with international institutions, civil society organisations (CSOs), and the private sector to address global environmental issues while supporting national sustainable development initiatives.
      • The GEF is jointly managed by the United Nations Development Programme (UNDP), the World Bank and the United Nations Environment Programme (UNEP).
      • The GEF provides grants for projects related to biodiversity, climate change, international waters, land degradation, the ozone layer, and persistent organic pollutants.
      • The GEF also serves as a financial mechanism for the following conventions:  Convention on Biological Diversity (CBD)
      • United Nations Framework Convention on Climate Change (UNFCCC)
      • UN Convention to Combat Desertification cation (UNCCD)
      • Stockholm Convention on Persistent Organic Pollutants (POPs)
      • Inamorata Convention on Mercury.
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