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With record $5.3B in pledges, GEF aims for more flexible environmental funding
by Rhett A. Butler
Mongabay Translate This Article
27 April 2022
On 27 April 2022 Mongabay reported:
Earlier this month, the Global Environment Facility (GEF) announced a record-setting $5.25 billion in pledges to support conservation and environmental protection programs worldwide over the next four years. The 30 percent budget increase for one of the world's largest and most influential environmental funders is accompanied by a shift in the GEF's approach to grant-making, according to Carlos Manuel Rodriguez, its CEO and Chairperson.
Global Good News service views this news as a sign of rising positivity in the field of science, documenting the growth of life-supporting, evolutionary trends.
This includes new mechanisms for non-government entities to secure direct support from the GEF, rather than having to go through official government channels. If that approach bears out in practice it could enable Indigenous and local communities to secure more funds for conservation projects and environmental initiatives.
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Knowledge based—programmes to bring the support of Nature to every individual, raise the quality of life of every society, and create a lasting state of world peace.
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