Rapid Fire
Global Biodiversity Framework Fund
- 14 Feb 2024
- 1 min read
The first council meeting of the Global Biodiversity Framework Fund (GBFF) took place recently in Washington DC, US.
- The meeting, held as part of the 66th Council Meeting of the Global Environment Facility (GEF), underscored the necessity of securing funds to fulfil the objectives outlined in the Kunming-Montreal Global Biodiversity Framework adopted at COP15.
- Guidelines were established for the execution of GBFF, initially proposed during COP15 of the Convention on Biological Diversity (CBD) in 2022.
- GEF, as the implementing agency for GBFF, serves as a "financial mechanism" to five conventions: CBD, UNFCCC, Stockholm Convention on Persistent Organic Pollutants, UN Convention to Combat Desertification, and Minamata Convention on Mercury.
Read more: Global Environment Facility, Kunming-Montreal Global Biodiversity Framework, Convention on Biological Diversity
