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Topic: Ecosystems and Biodiversity
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New contributions from Austria, Denmark, France, Germany, New Zealand, Norway, the United Kingdom, and Québec announced at COP16.
The support from Québec is the GBFF’s first pledge from a sub-national government.
The GBFF now has 12 contributors including Canada, Japan, Luxembourg, and Spain.
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The Global Environment Facility (GEF) is a multilateral fund dedicated to confronting biodiversity loss, climate change, pollution, and strains on land and ocean health. Over the past three decades, the GEF has provided more than $22 billion in financing and mobilized another $120 billion for more than 5,000 national and regional projects.