The 71st Global Environment Facility Council in Samarkand approved $232.5 million in new environmental finance and endorsed the $3.9 billion GEF-9 plan for 2026–2030 to scale global climate, biodiversity and adaptation funding.
The United Nations Biodiversity Conference COP17 has received a significant financial boost, with governments announcing new pledges to the Global Biodiversity Framework Fund (GBFF) and the Global Environment Facility (GEF) to accelerate global efforts to protect nature and restore ecosystems.