NEWS: Global Environment Facility and World Bank to support project aimed at boosting investment, data sharing and technical knowledge across world’s major urban areas
The US has cut its contribution to the Global Environment Facility, raising concerns about access to finance for environmental protection in the developing world
30 donor countries today pledged US$ 4.43 billion for the GEF to support developing countries’ efforts over the next four years to prevent degradation of the global environment.
VIDEO: Climate change and biodiversity financial initiatives should be re-framed as investments rather than costs, reflecting the services the environment provides.