One of the largest contributors

 

The eighth replenishment of resources process for the Global Environment Facility (GEF) ended on April 8, 2022, with an agreement from all contributors worth a total of US$5.25 billion in resources mobilized for the next four years. This financial envelope represents an all-time high for the GEF, which raised US$4.1 billion during the previous replenishment of its resources in 2018.

A significant contributor for more than 30 years, France has played its full part in this effort by the international community, providing a record contribution of US$360 million, an increase of nearly 40% in euros compared with its contribution to the previous replenishment.

The resources being deployed are intended to finance projects that tackle climate change and support the environment in developing countries, particularly in the world’s least developed countries and in small island developing states.