User Register / Login

GEF Countries Pledge $4.1b Fund to Protect Environment at GEF-6

July 02, 2018 |

This article was originally published on Viet Nam News

“The 6th Global Environment Facility (GEF-6) closed in the central city yesterday with nearly 30 countries pledging to create a US$4.1 billion fund to protect the future of the planet and human well-being.

“A clear majority of donors have stepped up their support for the GEF, signaling the urgency of the global environmental agenda, and trust in the GEF to help tackle the problem and achieve even greater results,” said Naoko Ishii, GEF CEO and Chairwoman. “We need to forge the partnerships that will help transform the food, urban and energy systems in an integrated way. The GEF-7 is designed to do just that.”

She said at a closing ceremony press conference that she was happy that GEF-6 had developed a strategy and policy on how to protect the global environment leading up to the GEF-7.

“The GEF-6 was an opportunity for us to think about what we will do in the next four years, and how we can care for nature. GEF-6 ended, but the next cycle has begun,” she said. “We need changes on how to produce food, traffic, energy, power production, urban areas and economic systems.”…”

Read on at: Viet Nam News.

Benefit from the Coalition’s unique overview of the capitals approach and community, gain insights into the latest thinking and developments and receive newsletters and project updates.