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Definition of Global environmental facility

Global environmental facility Definition from Business & Finance Dictionaries & Glossaries
2K Group Shipping, Trade, Insurance Dictionary
The GEF is aimed at four global problems: climate change, pollution of
international waters, destruction of biodiversity, and depletion of
stratospheric ozone. The Facility was started in 1990 as a pilot project
to help developing countries protect the environment and to transfer
environmentally benign technology to these nations. The program is jointly
administered by the World Bank, the U.N. Environment Program, and the U.N.
Development Program.
Global environmental facility Definition from Encyclopedia Dictionaries & Glossaries
Wikipedia English - The Free Encyclopedia
The Global Environment Facility (GEF) unites 183 countries in partnership with international institutions, civil society organizations (CSOs), and the private sector to address global environmental issues while supporting national sustainable development initiatives. Today the GEF is the largest public funder of projects to improve the global environment. An independently operating financial organization, the GEF provides grants for projects related to biodiversity, climate change, international waters, land degradation, the ozone layer, and persistent organic pollutants.

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