'It is a great milestone.' -EBRD Managing Director for Impact and Partnerships

'It is a great milestone.' -EBRD Managing Director for Impact and Partnerships

Donor countries have pledged an initial $3.9 billion to the Global Environment Facility (GEF) for its ninth replenishment cycle (from 2026-2030), in a powerful demonstration of commitment to meeting international environmental goals through multilateral cooperation. The significant funding will enable the GEF to bolster investment in nature-positive development, helping developing countries address their most urgent priorities and generate global environmental benefits that help people as well as ecosystems. Further pledges in support of a robust and ambitious four-year financing round are expected by the GEF Council meeting at the end of May 2026, when the final replenishment package will be approved. The statement is delivered by Nadia Petkova, Managing Director for Impact and Partnerships at European Bank for Reconstruction and Development (EBRD). Learn more: https://www.thegef.org/who-we-are/funding/gef-9-replenishment ABOUT US The Global Environment Facility (GEF) is a multilateral family of funds dedicated to confronting biodiversity loss, climate change, and pollution, and supporting land and ocean health. Its financing enables developing countries to address complex challenges and work towards international environmental goals. Website: https://www.thegef.org Follow us on social media X/Twitter: https://x.com/theGEF Facebook: https://www.facebook.com/TheGEF1/ LinkedIn: https://www.linkedin.com/company/global-environment-facility Instagram: https://www.instagram.com/gef_global_environment/