Global Environment Facility. The Global Environment Facility was established by the World Bank, the United Nations Development Programme (UNDP) and the United Nations Environmental Programme (UNEP) in 1990. It operates as the Climate Change (UNFCCC) and Biodiversity (UNCBD) Conventions' financial mechanism. The GEF was created to provide grants and concessional funds to developing countries to finance incremental costs for programmes, projects, and activities to protect the world's environment. Anti-desertification projects relevant to the focal areas of climate change, biodiversity, ozone depletion, and international waters may be eligible for funding. The GEF is expected to become a financial mechanism of the UNCCD, once the operational modalities are approved by the GEF Council and these decisions by the COP in 2003.
(Global Environment Facility) A financial mechanism that provides grants and concessional funding to recipient countries for programs that protect the global environment, including projects and other activities that address climate change, biological diversity, international waters and depletion of the ozone layer. It is jointly implemented by the United Nations Development Programme (UNDP), UNEP and the World Bank.
Global Environment Facility. an independent financial organization that provides grants to developing countries for projects that benefit the global environment and promote sustainable livelihoods in local communities. GEF funds are contributed by donor countries. GEF grants support projects related to biodiversity, climate change, international waters, land degradation, the ozone layer, and persistent organic pollutants
Global Environment Facility, established in 1991 to forge international cooperation and finance actions to address four critical threats to the global environment: biodiversity loss, climate change, degradation of international waters, and ozone depletion.
General Executive Facility
Global Enviroment Facility
Global Environment Facility. Intergovernmental fund for environmental projects to which the operation of the Convention’s financial mechanism has been entrusted. The GEF is managed jointly by the World Bank, UN Environment Programme (UNEP) and UN Development Programme (UNDP).
Global Environment Facility. The GEF is an independent international financial entity with the United Nations Development Programme, the United Nations Environmental Programme, and the World Bank as implementing agencies. The GEF provides funds to defray the added cost of making planned projects environmentally friendly.
Global Environment Facility. The multi-billion-dollar GEF was established by the World Bank, the UN Development Programme, and the UN Environment Programme in 1990. It operates the Convention's "financial mechanism" on an interim basis and funds developing country projects that have global climate change benefits.
Global Environmental Facility
Global Environment Facility. Mechanism that provides grants and concessional loans to eligible countries for incremental costs of measures to achieve agreed global environmental benefits in the areas of climate change, biological diversity, international waters, and ozone depletion. The World Bank, the United Nations Development Programme and the United Nations Environment Programme act as the three implementing agencies for GEF.
Global Environment Facility. established in 1991, helps developing countries fund projects and programmes that protect the global environment.