Global Biodiversity Framework Fund commits $91 million for projects

The coastal city of Cartagena in Colombia.

The Global Biodiversity Framework Fund (GBFF), part of the Global Environment Facility (GEF) family of funds, has announced a total of $2.7 million in project preparation grants and set aside $91.2 million for 18 additional projects in 17 countries, including nine Least Developed Countries (LDCs) and Small Island Developing States (SIDS).

The projects will cover a broad range of initiatives to support the Kunming-Montreal Global Biodiversity Framework targets. In Colombia, for instance, a project will be dedicated to the conservation, sustainable use, and restoration of mangroves along the Pacific coast, with a focus on empowering Afro-Colombian communities that manage 90 percent of these mangroves through collective land tenure. Projects to be developed in LDCs and SIDS include the long-term sustainability of locally managed marine areas and targeted conservation actions in protected areas covering key biodiversity areas in Madagascar.

With the latest round of grants, GBFF has approved or set aside grants totaling $202 million in 2024 for 40 projects in 41 countries. The preparation grants include projects involving eight GEF implementing agencies.

For a complete list of project grants, visit the Global Biodiversity Framework Fund website.

(Photo credit: Getty Images/garytog)

"GBFF approves 18 new project preparation grants." Global Environment Facility press release 12/20/2024.