Global Environment FacilityJanuary 27, 2022
Global Facility for Disaster Reduction and Recovery Ð World BankJanuary 27, 2022
The GEF is an independent financial organization that provides grants to developing countries for projects that benefit the global environment and promote sustainable livelihoods in local communities. The Parties to the Convention assigned operation of the financial mechanism to the GEF on an on-going basis, subject to review every four years. The financial mechanism is accountable to the COP.