The 67th meeting of the GEF Council, the 36th meeting of the Least Developed Countries Fund/Special Climate Change Fund (LDCF/SCCF) Council, and the 2nd meeting of the Global Biodiversity Framework Fund (GBFF) Council collectively adopted work programs totaling USD 736.42 million.
The work programs will seek to bring global environmental benefits through activities addressing biodiversity loss, chemicals and waste pollution, land degradation, climate change, and international waters.
Among other projects and programs, funding was approved for a Great Green Wall program established between the LDCF and GEF Trust Funds, a Coral Bond blended finance project that builds on the lessons from the 2022 Rhino bBond project, and a Sustainable Cities Integrated Program.
Among other decisions, the Council appointed Carlos Manuel Rodríguez to a second four year term as the GEF’s CEO and Chairperson. The Council meetings took place at the Mayflower Hotel in Washington, DC, from 17-20 June 2024. The 68th GEF Council meeting will be held fully on-line in December 2024
SOURCE
EARTH NEGOTIATIONS BULLETIN
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