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This report discusses the Global Environment Facility's (GEF) biodiversity portfolio, highlighting US$1.3 billion allocated to 446 projects across 123 countries. It emphasizes the need for sustainable practices linking conservation to economic growth, and recommends that efforts focus on immediate causes of biodiversity loss. The findings stress the importance of integrating financial arrangements with actual project outcomes, emphasizing the need for dynamic, responsive funding models that engage local and indigenous communities through alternative livelihoods linked to ecosystem conservation.
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Observations from the GEF biodiversity portfolio Claudio Volonte GEF Secretariat
GEF biodiversity portfolio • US$1.3 billion to 446 projects in 123 countries (as of June 2001) • Funding through ecosystem based OPs • Support for Global 200 ecoregions, World Heritage Sites, Ramsar sites, migratory waterbirds, biosphere reserves • Support for demonstration projects linked to alternative livelihoods for local and indigenous communities.
GEF biodiversity program study • Findings and recommendations on sustainability: • Much more needs to be done to secure sustainability of project gains and activities • Funding patterns during the project must be compatible with the economic realities of the host institution/country: cost effectiveness. • For most governments to have the political will to conserve biodiversity, its conservation must be seen as contributing to economic growth and security. • Only activities that have a realistic chance of tackling immediate and proximate underlying causes should be considered. • Conservation initiatives should be linked to commercial interests
Financial Arrangements: lessons from GEF experiences • Means but not ends • Linkage to biodiversity conservation and sustainable use • Operational schemes (not “concepts”) • Dynamic, flexible and responsive • Include monitoring • Financial arrangements vs. economic arrangements • Market vs. non-market • Should meet recurring cost of project outcomes and should have benefits on the ground
GEF funding and financial arrangements • Direct funding to grants, trust funds, concessional funding (barrier removal), loans (with IFC/private sector) or • Funding to support projects and programs for development of financial arrangements
LiteratureReview PortfolioReview Database CaseStudies Assessment,Guidance, Lessons Learned CommunicationStrategy FinalReport GEFM&E Study Financial Arrangements in Biodiversity