Financial Mechanism and Resources

IDB Dialogue on International Financing for Biodiversity (21-22 May 2015): Global Environment Facility (GEF)

Global Environment Facility (GEF) Financing for Biodiversity and Ecosystem Services


GEF - Mark Zimsky
Mark Zimsky
Sr. Biodiversity Specialist, LAC Coordinator for Biodiversity

Updates on Global Environment Facility (GEF)
GEF 2020: Strategy for the GEF, March 2015. GEF2020 strategy calls for the GEF to focus on the drivers of environmental degradation, support broad coalitions of stakeholders and innovative and scalable activities.
Guidelines for the Implementation of the Public Involvement Policy, January 2015.
Report on the Sixth Replenishment of the GEF Trust Fund (GEF/A.5/07/Rev.01, dated 22 May 2014), including Biodiversity Focal Area Strategy, Climate Change Mitigation Focal Area Strategy, Chemicals and Waste Focal Area Strategy, International Waters Focal Area Strategy, Land Degradation Focal Area Strategy, Sustainable Forest Management Strategy, Integrated Approaches (Sustainable Cities - Harnessing Local Action for Global Commons, Taking Deforestation out of Commodity Supply Chains, Sustainability and Resilience for Food Security in Sub-Saharan Africa)

Examples of biodiversity projects funded by GEF in 2014-2015
GEF Investments on Payments for Ecosystem Services Schemes, October 2014.
Building Capacity to Implement the Nagoya Protocol: A Review of GEF Support, October 2014.
C.48 Work Program Submitted for Council Approval, including documents on the Integrated Approaches Pilots and the Program on Coastal Fisheries and Wildlife Trade.

Biodiversity-related funding policies and programmes
The GEF-6 Biodiversity Strategy, August 2014. The strategy encompasses four objectives: 1) improve sustainability of protected area systems; 2) reduce threats to biodiversity; 3) sustainably use biodiversity; and 4) mainstream conservation and sustainable use of biodiversity into production landscapes/seascapes and sectors.
GEF-6 strategy in Sustainable Forest Management, August 2014.
Innovative Financing for the Global Environment, December 2014. Drawing on its experience in utilizing debt, equity and risk mitigation products in the past, the GEF is now launching a $110 million pilot program to demonstrate and validate the application of non-grant financial instruments to combat global environmental degradation.

Asking a question on GEF funding for biodiversity and ecosystem services


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