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The Global Biodiversity Framework Fund: a 'game-changing' agreement for nature
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At the 64th Council meeting in Brazil, the Global Environment Facility’s governing board approved plans to establish a “game-changing” new fund to finance the implementation of the Kunming-Montreal Global Biodiversity Framework, which aims to put nature on a recovery path by the end of this decade.
“The creation of this biodiversity fund is a game-changer for countries’ ability to protect, restore, and ensure the sustainable use of nature,” said Carlos Manuel Rodríguez, GEF CEO and Chairperson and former Environment and Energy Minister of Costa Rica. “I am thrilled to see this rapid progress just six months after the historic agreement for biodiversity reached in Montreal. I thank the GEF Council for its vision and commitment, which we will continue to build on at the GEF Assembly and beyond.”
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The Global Environment Facility (GEF) was established on the eve of the 1992 Rio Earth Summit to help tackle our planet’s most pressing environmental problems.
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“The creation of this biodiversity fund is a game-changer for countries’ ability to protect, restore, and ensure the sustainable use of nature,” said Carlos Manuel Rodríguez, GEF CEO and Chairperson and former Environment and Energy Minister of Costa Rica. “I am thrilled to see this rapid progress just six months after the historic agreement for biodiversity reached in Montreal. I thank the GEF Council for its vision and commitment, which we will continue to build on at the GEF Assembly and beyond.”
ABOUT US
The Global Environment Facility (GEF) was established on the eve of the 1992 Rio Earth Summit to help tackle our planet’s most pressing environmental problems.
Follow us on social media
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