Established on the eve of the 1992 Rio Earth Summit by the United Nations Environment Programme, the United Nations Development Programme and the World Bank, the Facility plays a critical role in disrupting the systems that drive biodiversity loss by tackling key market, governance, policy and implementation failures, using new technologies, platforms, and public-private partnerships. It is the foundation stone of much of the current global action, supporting multilateral environmental agreements to make a real difference to people’s lives, and enabling direct action on the greatest threats to our shared future. The Facility will play a key role in achieving the Sustainable Development Goals.
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