The Global Environment Facility has approved the first funding related to the Biodiversity Beyond National Jurisdiction (BBNJ) Agreement, an important milestone for ensuring the health and resilience of more than two-thirds of the world’s ocean ecosystems.
The $700,000 approved by GEF CEO Carlos Manuel Rodríguez will support efforts in the Marshall Islands, Palau, Solomon Islands, and Vanuatu related to the new agreement’s ratification and implementation readiness. All GEF recipient countries that have signed or taken meaningful steps toward becoming a party to the BBNJ Agreement are eligible for support upon request.
The BBNJ Agreement, which was adopted in June 2023, promotes the conservation and sustainable use of marine biodiversity in the global ocean area outside countries’ jurisdiction. Currently, the focus of GEF support is on country ratification towards the goal of the required 60 countries for the agreement to enter into force ...
