What is the amount that is available for biodiversity and climate change in GEF-4?
The GEF-4 replenishment agreement requires that a third of the GEF-4 programmable resources be allocated to biodiversity and a third to climate change. At the start of GEF-4 it was expected that about a third of the res $1,000 Million would be available for biodiversity and $1,000 million for climate change. The mid-term reallocation for the RAF is based on revised expectations of GEF-4 resources from the Trustee. The new targets for GEF-4 are $1,030 million for biodiversity and $1,030 million for climate change.
