Experts at the recently concluded 55th Meeting of the Global Environment Facility Council has officially released the summRy of the report for the public use.

The 55th meeting of the Global Environment Facility (GEF) Council was convened in Washington, DC, US, from 18-20 December 2018, at World Bank headquarters.

Representatives of governments, international organizations, and civil society organizations (CSOs) attended the three-day meeting, which also included the 25th meeting of the Council for the Least Developed Countries Fund (LDCF) and Special Climate Change Fund (SCCF). The meetings were preceded by a consultation with CSOs on 17

Naoko Ishii, GEF Chief Executive Officer (CEO) and Chairperson, and Abdul Bakarr Salim, Sierra Leone, served as Co-Chairs for the meetings.

The GEF Council adopted the first Work Program since the approval of the seventh replenishment of the GEF Trust Fund (GEF-7).

The Work Program comprised 18 projects in 25 recipient countries, and amounted to USD 157.8 million, including GEF project financing and Agency fees, and is expected to leverage USD 819.7 million in co-financing.

In addition, the Council of the LDCF/SCCF adopted a Work Program comprising six project concepts, with resources amounting to USD 45.85 million for the LDCF, including project grants and Agency fees.

The Council also discussed and approved a number of policies, guidelines and safeguards on measures aimed at enhancing the efficiency, accountability and transparency of the GEF.

These measures included new policy procedures to speed up the preparation, endorsement, implementation, and closure of projects.

A policy regarding improved access to information and revised environmental and social safeguards throughout the GEF project and programme cycle were also adopted.

The Council heard updates from representatives of the Conventions for which the GEF serves as a financial mechanism regarding recent and upcoming meetings, decisions and other relevant activities.

The presentations by the Minamata Convention on Mercury, Stockholm Convention on Persistent Organic Pollutants (POPs), UN Convention to Combat Desertification (UNCCD), UN Framework Convention on Climate Change (UNFCCC), Convention on Biological Diversity (CBD), and Montreal Protocol prompted Council Members to reflect on the GEF’s unique role in integrating issues and generating synergies.

At the conclusion of the meetings, Council Members reviewed and approved the Joint Summaries of the Chairs for the GEF Council and LDCF/SCCF Council meetings.

This summary highlights the discussions and decisions reached at the 55th meeting of the GEF Council and the 25th meeting of the LDCF/SCCF Council.

The summary of this meeting is now available in PDF format HERE

By Dotun Roy

DotunRoy.com is a development driven news website with the overall goal of amplifying, promoting and advocating for positive societal change through Sustainable Development advocacy in line with UN SDGs components such as education, environmental sustainability and Climate Change, Human Rights, health, finance, housing, good governance as well as security in Nigeria and across the world.

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