Donors boost Global Environment Facility contributions to $5.33 billion

Twenty-nine donor governments have finalized $5.33 billion in pledges to the Global Environment Facility for the next four years, an increase of more than 30 percent from its last operating period and a surge of support for international efforts to meet nature and climate targets.

The record funding will support large-scale initiatives to address biodiversity and forest loss, improve ocean health, combat pollution, and reduce the effects of climate change within the decade. It reflects a growing consensus on the need to expand efforts in these areas and to work across borders and sectors.

“This generous support from our donors at a challenging time shows just how committed countries around the world are to healing rather than harming nature,” said GEF CEO and Chairperson Carlos Manuel Rodriguez. “We are singularly focused on delivering the 2030 environmental goals, which are critical to make our planet healthier and safer for people. Our upcoming programming and policy support is all about shifting to a nature positive, carbon neutral, and pollution free future.”