Initiatives total $174.7 million in GEF funding, leverage $1.2 billion in co-financing
Several projects focus on returning degraded landscapes to functioning ecosystems
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Rome - Building on growing momentum to tackle environmental problems by addressing the ways in which our food and fiber are produced, the Global Environment Facility has approved 26 projects led by the Food and Agriculture Organization of the United Nations.
“To achieve the 2030 Agenda we need a healthy planet and healthy people. These projects will help countries conserve and use natural resources sustainably while providing nutritious diets and green and climate-resilient livelihoods and contribute to the implementation of the Kunming-Montreal Global Biodiversity Framework and the Paris agreement” said FAO Deputy Director-General Maria Helena Semedo, welcoming the greenlighting of the projects by the 64th Council Session of the GEF, held in on 26 June in Brasilia.
The projects total $174.7 million in GEF funding and leverage $1.2 billion in co-financing. With these new projects, FAO’s partnership with the GEF will have helped countries access over $1.4 billion in financing and leverage over $9 billion in co-financing to transform agrifood systems into solutions to biodiversity loss, climate change, ecosystem degradation, and pollution on land, in fresh water, and in our seas, Semedo said.
Integrated programming for impact
These 26 projects will support countries to create or improve the management of nearly 17.9 million hectares of protected areas on land and sea, improve the sustainability of fisheries, forestry, and agricultural practices on over 27 million hectares of landscapes and seascapes, restore 820,000 hectares of ecosystems, mitigate 275 million tons of greenhouse gas emissions, improve cooperative management of 4 shared water ecosystems, and benefit 1.6 million women and men.
Support through individual projects
FAO will also support countries through individual projects that focus on biodiversity conservation, land degradation, climate change adaptation, and management of shared water systems:
Addressing complex challenges
As a partner agency for the Global Environment Facility (GEF), FAO supports countries worldwide in addressing the complex challenges at the nexus between the agrifood systems and the environment. FAO’s global GEF portfolio currently exceeds USD 1.3 billion, assisting more than 120 countries in projects that respond to local priorities, deliver global environmental benefits, and advance the Sustainable Development Goals (SDGs). You can find out more on FAO’s partnership with GEF here.
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Francis Markus FAO News and Media (Rome) [email protected]