The Global Environment Facility (GEF) Council met for the first Global Biodiversity Framework Fund (GBFF) Council on February 8-9, 2024 in Washington, DC (USA).
- During the Council meeting, Spain announced a new contribution to the GBFF, adding to previous contributions announced by Canada, the United Kingdom, Germany, and Japan.
About Global Biodiversity Framework (GBF) Fund
- The Global Biodiversity Framework (GBF) Fund was ratified and launched at the Seventh Assembly of the Global Environment Facility (GEF) on 24 August, 2023.
- The GBF Fund is uniquely dedicated to support the implementation of the Kunming-Montreal Global Biodiversity Framework, its goals and its targets.
- The GBF Fund Council will be open to representation by the following members, with more developing country representation compared to developed countries: 16 Members from developing countries 14 Members from developed countries 2 Members from the countries of central and eastern Europe and the former Soviet Union.
- The World Bank serves as the Trustee of the GBF Fund.
