Uploaded June 2024 | Updated September 2026, 2 weeks ago
During the 67th meeting of the Global Environment Facility, the 2nd meeting of the Global Biodiversity Framework Fund (GBFF) Council members and constituency groups took the floor, recognizing the historic nature of the adoption of this first work program amounting to $37.8 million.
The GBFF work program comprises three projects: Conserving Mexican biodiversity through communities and their protected areas; Biodiversity Conservation in Indigenous Lands, in Brazil; and Caatinga Protected Areas Program, in Brazil. Council members highlighted the agreement that the GBFF portfolio should target 39% of funding for Least Developed Countries (LDCs) and Small Island Developing States (SIDS) and expressed hope that future work programs would move towards this allocation. Speakers also noted there was agreement that international financial institutions (IFIs) and multilateral development banks (MDBs) would receive 25% of project funding, with the goal of helping these implementing agencies to scale up their biodiversity funding.
67th GEF Council meeting: thegef.org/events/67th-gef-council-meeting
2nd GBFF Council meeting: thegef.org/events/2nd-gbff-council-meeting
More about the GBFF: thegef.org/what-we-do/topics/global-biodiversity-framework-fund
Video Producer: Tasha Goldberg
Videographer: Felipe Ruiz
ABOUT US
The Global Environment Facility (GEF) is a multilateral family of funds dedicated to confronting biodiversity loss, climate change, and pollution, and supporting land and ocean health. Its financing enables developing countries to address complex challenges and work towards international environmental goals.
Website: thegef.org
Follow us on social media
X/Twitter: https://x.com/theGEF
Facebook: facebook.com/TheGEF1
LinkedIn: linkedin.com/company/global-environment-facility
Instagram: instagram.com/gef_global_environment
During the 67th meeting of the Global Environment Facility, the 2nd meeting of the Global Biodiversity Framework Fund (GBFF) Council members and constituency groups took the floor, recognizing the historic nature of the adoption of this first work program amounting to $37.8 million.
The GBFF work program comprises three projects: Conserving Mexican biodiversity through communities and their protected areas; Biodiversity Conservation in Indigenous Lands, in Brazil; and Caatinga Protected Areas Program, in Brazil. Council members highlighted the agreement that the GBFF portfolio should target 39% of funding for Least Developed Countries (LDCs) and Small Island Developing States (SIDS) and expressed hope that future work programs would move towards this allocation. Speakers also noted there was agreement that international financial institutions (IFIs) and multilateral development banks (MDBs) would receive 25% of project funding, with the goal of helping these implementing agencies to scale up their biodiversity funding.
67th GEF Council meeting: thegef.org/events/67th-gef-council-meeting
2nd GBFF Council meeting: thegef.org/events/2nd-gbff-council-meeting
More about the GBFF: thegef.org/what-we-do/topics/global-biodiversity-framework-fund
Video Producer: Tasha Goldberg
Videographer: Felipe Ruiz
ABOUT US
The Global Environment Facility (GEF) is a multilateral family of funds dedicated to confronting biodiversity loss, climate change, and pollution, and supporting land and ocean health. Its financing enables developing countries to address complex challenges and work towards international environmental goals.
Website: thegef.org
Follow us on social media
X/Twitter: https://x.com/theGEF
Facebook: facebook.com/TheGEF1
LinkedIn: linkedin.com/company/global-environment-facility
Instagram: instagram.com/gef_global_environment
