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Trusting in a better future: the global environment facility.

W C Holton

    Environmental Health Perspectives
    |July 21, 2000
    PubMed
    Summary

    Global environmental challenges require international cooperation. The Global Environment Facility (GEF) funds projects addressing biodiversity, climate change, international waters, and ozone depletion.

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    Area of Science:

    • Environmental science, international policy, and sustainable development.

    Background:

    • Transboundary environmental issues necessitate collaborative solutions beyond individual nations.
    • The Global Environment Facility (GEF) was established in 1991 to facilitate international cooperation on critical environmental concerns.

    Purpose of the Study:

    • To outline the establishment and operational scope of the Global Environment Facility (GEF).
    • To highlight the GEF's role in funding projects across key environmental domains.

    Main Methods:

    • The GEF operates as a grant-making institution.
    • Funding is directed towards projects addressing biodiversity, climate change, international waters, and ozone layer depletion.

    Main Results:

    • Over 500 projects have received more than $2 billion in GEF funding.
    • An additional $5 billion has been leveraged from diverse public and private sources.
    • Developing countries have contributed $2 billion in matching funds.

    Conclusions:

    • The GEF serves as a vital financial mechanism for global environmental protection.
    • International collaboration, supported by dedicated funding, is crucial for addressing complex environmental problems.

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