What Future for the Global Environment Facility?

In: The journal of environment & development: a review of international policy, Band 15, Heft 1, S. 50-74

Abstract

For more than a decade, the Global Environment Facility (GEF) has provided critical support to developing countries for fighting global environmental problems such as climate change and the loss of biodiversity. But recent developments do not bode well for the ability of the GEF to continue playing its pivotal role in support of implementing multilateral environmental agreements. Its already modest resource base has been declining in real terms, and a December 2005 deadline for the conclusion of the fourth replenishment of the GEF (GEF4) passed without a compromise between major donors. The adoption of a resource allocation framework in September 2005 is likely to complicate how the GEF can program its resources in the future, even if replenishment negotiations can be completed by June 2006. Current events reinforce the need for a close look at what the future role of the GEF should be and how resources for addressing global environmental problems in developing countries should be raised.1