GEF Replenishment

GEF Replenishment refers to the periodic process where countries commit financial resources to the Global Environment Facility (GEF), a partnership that funds projects addressing global environmental issues like climate change, biodiversity loss, and pollution. This multiyear funding cycle ensures sustained investment in environmental initiatives worldwide. Countries contribute based on agreed-upon amounts, enabling the GEF to support projects that promote sustainable development and protect natural ecosystems. Replenishments are crucial for maintaining the GEF’s ability to provide financial and technical assistance, fostering international cooperation and long-term solutions for global environmental challenges.