In a watershed moment for biodiversity, GEF Assembly members unanimously agreed to ratify the Global Biodiversity Framework Fund—a new source of funding for protecting endangered species and their ecosystems globally. The meeting also featured the first-ever Partnership Forum, which brought together Indigenous Peoples, youth, women, and representatives of civil society organizations to discuss ways the GEF can support their empowerment and recognition.

Council Members focused on supporting new, key environmental agreements and frameworks, reaching consensus on the establishment of the Global Biodiversity Framework Fund, including its programming directions, and on preparing the GEF to serve as part of the financial mechanism for the Agreement on biodiversity beyond national jurisdiction (BBNJ).

The GEF Council endorsed $65 million for biodiversity projects, including more than $18 million to support the development of biodiversity finance plans in 26 countries. GEF Council members, meeting virtually, also approved the establishment of a new Gustavo Fonseca Youth Conservation Leadership program to support the education of promising young conservationists from developing countries.

The Global Environment Facility, civil society organizations, and representatives of multilateral environmental organizations highlight civil society’s important role and participation in implementation of global environmental conventions.