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Over the last decade, the Global Environment Facility (GEF) has emerged as a major actor addressing the global environmental challenges of sustainable development. Since its establishment in 1991, it has allocated some $4 billion supplemented by $12.4 billion in co-financing for more than 1,000 projects in 160 countries.
The recent independent evaluation of its performance provided ample evidence that this unique and innovative financial mechanism is working well and that, as a result, its operations are achieving discernible impacts in the field.
This renewed confidence is a timely recognition of the GEFs significant achievements and a challenge to do more, and to do it better in response to the evolving needs and increased expectations of recipient countries, and particularly the poorest of the poor.
The Second GEF Assembly thus offers a unique opportunity, not just to assess what has been achieved but even more importantly to shape the policy directions that will allow the Facility to continue playing a catalytic role in mobilizing financial resources to address global environmental threats.
In a major development, the Second GEF Assembly is expected to amend the instrument that governs the Facilitys operation, to designate land degradation and persistent organic pollutants (POPs) as two new and separate focal areas. UNEP as an implementing agency is fully prepared to meet the challenges arising from the expansion of GEFs original mandate. Indeed, it is already implementing 19 projects that focus directly on POPs or other persistent toxic substances involving the participation of 42 countries and financing of $47 million, including $28 million of GEF resources. Less than 15 months after the signature of the Stockholm Convention, UNEP through approved GEF resources is assisting 23 countries in developing their national implementation plans to phase out the POPs covered by the Convention, and is assisting many other countries to prepare proposals for GEF funding. To maximize interagency collaboration, UNEP entered recently into a partnership arrangement with the World Bank for supporting the implementation of the Stockholm Convention.
UNEP is also implementing 17 activities aimed at combating desertification, together worth $90 million, including $32 million approved GEF resources. They focus predominantly on the degradation of transboundary dryland ecosystems spanning 26 countries, mainly in Africa.
UNEP is proud of its role and responsibility as an implementing agency of the GEF. Less than six years after its GEF Division was established, it is implementing a GEF work programme of $500 million, including more than $270 million in GEF resources, comprising 278 projects in more than 140 countries.
Strengthened further by the enhanced mandate on capacity-building at national, regional and international levels, entrusted to it by the last meeting of the Global Ministerial Environment Forum held in Cartagena in February 2002, UNEP is fully committed to continuing to enhance its role as an implementing agency to assist the GEF family to meet the challenges of the third, exciting phase of its existence
PHOTOGRAPH: B. Wahihia/UNEP |
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