UNIDO secures US$38m in GEF funding 

UNIDO secures US$38m in GEF funding 

WASHINGTON D.C, 19 December 2019 – The 57th Council Meeting of the Global Environment Facility (GEF) gathered environmental ministers and senior officials from the GEF’s 183 member countries. As part of the core discussions, Council Members have approved a Work Program of more than US$700m in projects and programmes in various focal areas. In addition, a joint meeting of the GEF's Least Developed Countries Fund (LDCF) and Special Climate Change Fund (SCCF) members approved a US$64.8m Work Program for adaptation in support of climate resilience-building in the poorest nations. 

The United Nations Industrial Development Organization (UNIDO) was able to secure more than US$38m of this GEF funding for its submitted proposals, thereby leveraging US$250m in co-financing to support 13 recipient countries with their transformational shift towards more sustainable development pathways. UNIDO's GEF funding highlights the organization’s commitment to support its Member States in their efforts to tackle some of the most pressing environmental challenges.

The Global Cleantech Innovation Programme (GCIP), a UNIDO initiative funded by the GEF, will support participating countries in developing a functioning ecosystem for clean technology entrepreneurship. Tailored business development and investment support to be provided to more than 1,000 businesses will significantly contribute to a reduction in greenhouse gas (GHG) emissions. The GEF Trust Fund will also support an initiative pursuing public-private partnerships to address plastics waste and pollution worldwide. In close collaboration with the Global Plastic Action Partnership, UNIDO and the GEF will strengthen Ghana’s capacity to transition to a circular economy framework to reduce plastic leakage into the country’s oceans and waterways. 

In the Democratic Republic of Congo, UNIDO and the GEF will support the country’s efforts to reduce its vulnerability and enhance its resilience to climate change by promoting innovation, transfer and large-scale deployment of adaptation-oriented technologies and services by small and medium-sized enterprises. Building resilience to climate change risks is also the objective of a joint UNDP/UNIDO project in South Sudan, where GEF funding will help target agricultural and pastoral communities in the western flood plain agro-ecological zone, which has particularly high levels of food insecurity. 

The Global Environment Facility (GEF) was established on the eve of the 1992 Rio Earth Summit to help tackle our planet’s most pressing environmental problems. Since then, the GEF has provided close to US$20bn in grants and mobilized an additional US$107bn in co-financing for more than 4,700 projects in 170 countries.

For more information, contact:

Juergen Hierold

Chief and GEF Coordinator, UNIDO Partnerships Coordination Division