Forum Institutional
To build back better, we need to rethink global subsidies
Our hopes of keeping global warming in check, saving our wild places and curbing future pandemics may rest on a global reset of spending priorities. Here's why.
The Global Environment Facility (GEF) is a family of funds dedicated to confronting biodiversity loss, climate change, pollution, and strains on land and ocean health. Its grants, blended financing and policy support help developing countries address their biggest environmental priorities and adhere to international environmental conventions. Over the past three decades, the GEF has provided more than $22 billion and mobilized $120 billion in co-financing for more than 5,000 national and regional projects.