Status of initiative: N/a
Description/achievement of initiative

The GEF's mandate initiated at Rio 1992 to act as a financial mechanism of the CBD, the UNFCCC, and the UNCCD, and as a major source of funding for other areas, including the Montreal Protocol, International Waters, the Stockholm Convention on POPs, and the strategy for SFM/REDD, together as the manager of the LDCF, the SCCF, and the Nagoya Protocol Implementation Fund, commits to commits to sound management of world's largest public fund for environment; swift action to implement Rio directives; increased recipient country access to funds and involvement of women, indigenous peoples through the following twelve commitments.

Implementation methodologies

The Global Environment Facility has issued a 12-point Statement of Commitments, pledging to swiftly implement the guidance of the conference and to widen global access to GEF funds. The statement lays out 12 commitments relating to the GEF's core mission as reflected in the decisions emerging from the UNCSD and cover a range of issues, from sound management of donations from the GEF's 182 member nations to continued streamlining of the project cycle and steps to expand access to GEF funds by regional, national and international institutions. The GEF was a pilot program for the 1992 Earth Summit and got its core mission as a result of that conference, specifically, that the GEF would act as a financial mechanism of the three major environmental conventions to emerge from that gathering: the CBD, the UNFCCC, and the UNCCD. The GEF's portfolio has broadened to include issues ranging from forest protection and preservation of the ozone layer to persistent organic pollutants and international waters. These commitments provide the GEF, its partner institutions, and its member nations, with a clear road map to the organization's priorities and goals.

Arrangements for Capacity-Building and Technology Transfer

Coordination mechanisms/governance structure

Partner(s)

Global Environment Facility (GEF)
Deliverables
2012
To continue to provide the greatest possible public access to information and be a global model of dissemination of information and learning with regard GEF priorities, programs, and projects.
2012
Continue to support capacity development in recipient countries and address their needs through funding of enabling activities and the GEF Country Support Program, together with other national and regional consultation processes
2013
Further expand access to GEF funds through the accreditation of additional national, regional, and international institutions.
2013
Seek to expand opportunities for joint implementation of the Rio Conventions through GEF-funded projects and programs by promoting synergies in generation of GEBs.
Sustainable Development Goals and targets
Resources devoted to implementation
Financing (in USD)
61,500,000,000 USD
Other, please specify
GEF has provided $10.5 billion in grants for over 2,700 projects in over 165 countries
Other, please specify
The GEF has leveraged over $51 billion in co-financing for over 2,700 projects in over 165 countries
Progress reports
Cut off date each year: 2 May
SMART
This initiative does not yet fulfil the SMART criteria.
SDGs
Action Network
Information
Location: Global
Date of completion: 2012-06-22
Operating in countries
Partner connections
Contact information/focal point(s)
Gustavo Fonseca, gfonseca1@thegef.org

Documents
#SDGAction486
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