World Bank - Global Environment Facility Program
As one of the three implementing agencies of the Global Environment Facility (GEF), the World Bank assists its member countries conserve and sustainably use their biological diversity, reduce their emissions of greenhouse gases, manage shared water bodies and reduce their emissions of ozone-depleting substances by accessing GEF resources to cover the incremental costs of additional actions on these global issues.
The GEF is a mechanism for providing new and additional grant and concessional funding to meet the agreed incremental costs of measures to achieve agreed global environmental benefits in the four focal areas - Climate change; Biological diversity; International waters; and Ozone layer depletion. The agreed incremental cost of activities concerning land degradation, primarily desertification and deforestation, as they relate to the four focal areas, are also eligible for funding. It serves as the financial mechanism for the Conservation of Biological Diversity and the UN Framework Convention on Climate Change. In 2001, Stockholm Convention on Persistent Organic Pollutants (POPs) agreed GEF as the interim financial mechanism for the implementation of the POPs program.
The GEF consists of an Assembly of all participating countries, and Council, Secretariat, a Scientific and Technical Advisory Panel, and three Implementing Agencies – UNDP, UNEP and the World Bank. Four Regional Development Banks (AfDB, AsDB, EBRD, and IDB) , FAO, UNIDO, and IFAD can access PDF-B resources under the expanded opportunities executing agencies. Further information, click on the "Partners and Links" section of the bar on the left side of this page.
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