The Global Environment Facility (GEF) 53rd Council wrapped up today after approving a work program of more than $500 million that puts a strong emphasis on support for Small Island Developing States (SIDS) and Least Developed Countries (LDCs).
The work program, one of the largest in the current GEF funding cycle (GEF-6), spans all GEF focal areas and regions and comprises 83 projects and one programmatic approach. 101 recipient countries are set to benefit from GEF support, including 38 LDCs and 28 SIDS.
The full list of approved projects can be found in the co-chairs summary of the meeting, which also details decisions taken to approve a new gender equality policy, a revised stakeholder engagement policy, and an updated policy on ethics and conflict of interest for Council Members, Alternates and Advisers.
Closing the meeting, Naoko Ishii, GEF CEO and Chairperson, thanked participants, noting “we achieved the five things I hoped for.” Stressing that “we have built sufficient trust among ourselves so that we can tackle difficult issues in the future,” she highlighted the achievement of approving “a half-billion dollar work program… new policies, and laying the foundation for others”.