Global Environment Facility
The Global Environment Facility (GEF), "established in 1991, helps developing countries fund projects and programs that protect the global environment. GEF grants support projects related to biodiversity, climate change, international waters, land degradation, the ozone layer, and persistent organic pollutants." [1]
- Monique Barbut - Chief Executive Officer and Chairperson
- Naoko Ishii - chair
Contents
Funding
"Since 1991, the Global Environment Facility has provided $7.4 billion in grants and generated over $28 billion in co-financing from other sources to support over 1,950 projects that produce global environmental benefits in 160 developing countries and countries with economies in transition.
"GEF funds are contributed by donor countries. In 2006, 32 donor countries pledged $3.13 billion to fund operations between 2006 and 2010." [2]
Critiques of GEF
- Zoe Young, A New Green Order? The World Bank and the Politics of the Global Environment Facility (Pluto Press, 2002).
- Kate Ervine, "The Greying of Green Governance: Power Politics and the Global Environment Facility", Capitalism Nature Socialism, Volume 18, Issue 4 December 2007 , pages 125-142.
Other
"The new UN adaptation fund will be managed by the Global Environment Facility, a semi-independent partnership of the UN's environment and development programs and the World Bank, and funded through a two percent levy on carbon offset transactions under the Kyoto Protocol's Clean Development Mechanism (CDM)." [3]
Contact
Resources and articles
Related Sourcewatch articles
- Mohamed T. El-Ashry - Former Chair
- Michael Sweatman - key person
- Robert T. Watson