Global Environment Facility
The Global Environment Facility (GEF) is the world's largest environmental funding body. It was established in 1991 as a multilateral financial mechanism to test new approaches and innovative ways of responding to global environmental challenges. The GEF's six focal areas are biodiversity, climate change, international waters, land degradation, the ozone layer and persistent organic pollutants. It helps fund initiatives that assist developing countries to meet the objectives of the four United Nations international environmental conventions:
- the United Nations Framework Convention on Climate Change (UNFCCC)
- United Nations Convention to Combat Desertification (UNCCD)
- Convention on Biological Diversity (CBD)
- The Stockholm Convention on Persistant Organic Pollutants
With its multi-billion dollar trust fund, the GEF is open to universal participation and 176 nations are currently listed as members.