At the event (Source: VNA)
 
Da Nang (VNA) – The 54th Global Environment Facility (GEF) Council Meeting was a highlight during the second working day of the sixth GEF Assembly (GEF 6) in the central city of Da Nang on June 24.

The GEF Council Meeting, which will last until June 26, looks into the updated co-financing strategy, the GEF partnership, rules for the System for Transparent Allocation of Resources, the 2019 GEF Business Plan and Corporate Budget and the seventh replenishment of the GEF Trust Fund (GEF-7).

GEF CEO and Chairperson Naoko Ishii said it is the final council meeting during the GEF’s 6th cycle, providing a platform to review four-year achievements and introduce reforms regarding approaches for cities, supply chains and food security in Africa.

She added that the GEF Assembly has embarked on a new project in the Amazon Basin, supported innovation projects and launched a capacity building initiative for transparency.

Sideline events on June 24 discussed important global issues such as food, the environment, climate change, biodiversity preservation, and land degradation mitigation, food system strategy and cool chain system to increase resilience to climate change, strengthening national capacity to meet demand for transparency, sustainable infrastructure and guidelines for GEF policy implementation on the involvement of parties concerned.-VNA