Close Menu
    • Home
    • Contact Us
    Arab CrusaderArab Crusader
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    Arab CrusaderArab Crusader
    Home » Countries pledge $3.9 billion to Global Environment Facility towards ambitious ninth replenishment
    PR Newswire

    Countries pledge $3.9 billion to Global Environment Facility towards ambitious ninth replenishment

    April 10, 2026
    Facebook WhatsApp Twitter Pinterest LinkedIn Telegram Tumblr Email Reddit VKontakte

    Four-year financing commitment supports accelerated action by developing countries towards 2030 environmental goals

    WASHINGTON, April 10, 2026 /PRNewswire/ — Donor countries have pledged an initial $3.9 billion to the Global Environment Facility (GEF) for its ninth replenishment cycle, in a powerful demonstration of commitment to meeting international environmental goals through multilateral cooperation.

    The significant funding will enable the GEF to bolster investment in nature-positive development, helping developing countries address their most urgent priorities and generate global environmental benefits that help people as well as ecosystems.

    Further pledges in support of a robust and ambitious four-year financing round are expected by the GEF Council meeting at the end of May, when the final replenishment package will be approved.

    Read the full press release in English, French, or Spanish

    “This replenishment sends a clear message: the world is not giving up on nature even in a time of competing priorities. Our donor countries have risen to the challenge and made bold commitments towards a more positive future for the planet. The coming four years of the GEF-9 cycle will reflect this high-ambition push to achieve the 2030 environmental goals,” said Claude Gascon, Interim CEO and Chairperson of the GEF.

    The GEF-9 investment cycle will cover the period from July 2026 to June 2030. Four overarching priorities will define the ambition and approach for the GEF over the next four years:

    • Integration and Integrated Programs
    • Blended Finance
    • Whole-of-Government and Whole-of-Society Approaches
    • Robust Funding for LDCs and SIDS, and a Significant Increase in Support to IPLCs

    The 71st GEF Council meeting will be held in Samarkand, Uzbekistan from May 31 to June 3, 2026. The meeting will take place in advance of the Eighth GEF Assembly, when individual country pledges will be publicly announced.

    About the GEF

    The Global Environment Facility (GEF) is the world’s largest multilateral fund for the environment. Its family of funds works together to address the planet’s most pressing challenges in an integrated way. Its financing helps developing countries address complex challenges and work towards meeting international environmental goals. Over the past three decades, the GEF has provided more than $27 billion in financing, primarily as grants, and mobilized another $155 billion for country-driven priority projects. For more information, visit: www.thegef.org

    Cision View original content:https://www.prnewswire.co.uk/news-releases/countries-pledge-3-9-billion-to-global-environment-facility-towards-ambitious-ninth-replenishment-302738839.html

    Related Posts

    Beat the Heat. Feel the Breeze. Levoit Reinforces Fan Series as a Family Essential Across the Gulf

    April 10, 2026

    emagine Expands European Footprint with Acquisition of Gentis’ Regional Consulting Operations

    April 10, 2026

    LG ELECTRONICS UNVEILS NEW FULL BUILT-IN KITCHEN SUITE AT EUROCUCINA 2026

    April 10, 2026

    Host City Bids Open for The Games Of The Future 2028 to 2030

    April 9, 2026

    Miami International Holdings Announces the Passing of Board Member Murray Stahl

    April 9, 2026

    Sandmark Crypto Intelligence Report Shows Credible Insight Drives Investment Confidence

    April 9, 2026
    Latest News

    Japan current account surplus hits $24.8 billion in February

    April 9, 2026

    ADB unveils fund to speed ASEAN power grid plans

    April 8, 2026

    Shenzhen Port tops 8.52 million TEUs in first quarter

    April 7, 2026

    UAE enters global top 10 exporters in WTO rankings

    April 6, 2026
    © 2026 Arab Crusader | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.