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ABOUT THE GEF The Global Environment Facility unites 179 member governments—in partnership with international institutions, nongovernmental organizations, and the private sector—to address global environmental issues. An independent financial organization, the GEF provides grants to developing countries and countries with economies in transition for projects related to biodiversity, climate change, international waters, land degradation, the ozone layer, and persistent organic pollutants. These projects benefit the global environment, linking local, national, and global environmental challenges and promoting sustainable livelihoods. Established in 1991, the GEF is today the largest funder of projects to improve the global environment. The GEF has allocated US$8.6 billion, supplemented by more than US$36 billion in cofinancing, for more than 2,400 projects in more than 165 developing countries and countries with economies in transition. Through its Small Grants Programme, the GEF has also made more than 10,000 small grants directly to nongovernmental and community organizations. The GEF partnership includes 10 Agencies: the UN Development Programme, the UN Environment Programme, the World Bank, the UN Food and Agriculture Organization, the UN Industrial Development Organization, the African Development Bank, the Asian Development Bank, the European Bank for Reconstruction and Development, the Inter-American Development Bank, and the International Fund for Agricultural Development. The Scientific and Technical Advisory Panel provides technical and scientific advice on the GEF’s policies and projects. INVESTING IN RENEWABLE ENERGY: THE GEF EXPERIENCE 33 Production date: November 2009 Wind farm in MongoliaPDF Image | INVESTING IN RENEWABLE ENERGY: THE GEF EXPERIENCE
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