The GEF Council Meeting, which will lastuntil June 26, looks into the updated co-financing strategy, the GEFpartnership, rules for the System for Transparent Allocation of Resources, the2019 GEF Business Plan and Corporate Budget and the seventh replenishment ofthe GEF Trust Fund (GEF-7).
GEF CEO and Chairperson Naoko Ishii said itis the final council meeting during the GEF’s 6th cycle, providing aplatform to review four-year achievements and introduce reforms regardingapproaches for cities, supply chains and food security in Africa.
She added that the GEF Assembly has embarkedon a new project in the Amazon Basin, supported innovation projects andlaunched a capacity building initiative for transparency.
Sideline events on June 24 discussed importantglobal issues such as food, the environment, climate change, biodiversitypreservation, and land degradation mitigation, food system strategy and cool chainsystem to increase resilience to climate change, strengthening nationalcapacity to meet demand for transparency, sustainable infrastructure andguidelines for GEF policy implementation on the involvement of partiesconcerned.-VNA