GEF eyes grander impact as it heads towards replenishment

BONN, Germany — The Global Environment Facility, a financial mechanism for five major international environment conventions, will focus on achieving systems-wide change and private sector engagement under its new replenishment cycle starting later this year, its director of programs has shared with Devex.

Negotiations on the seventh GEF Trust Fund replenishment, or GEF-7, which covers the period 2018-2022, will continue at a meeting in Brasilia this week, and culminate in June. Participants include donors, recipient countries, and implementing agencies such as the World Bank, U.N. Development Programme, Conservation International and U.N. Environment Programme.