News

GEF Council Approves Climate Projects, Requests Further Guidance on Tech Transfer

25 April 2008: The Council of the Global Environment Facility (GEF), which convened in Washington DC, US, from 22-25 April 2008, reviewed a progress report on the implementation of the Resources Allocation Framework (RAF), discussed the Strategic Programme to Scale-up the Level of Investment in the Transfer of Environmentally-friendly Technologies, as requested by the UNFCCC, and approved ten climate change projects.

On the Strategic Programme to Scale-up the Level of Investment in the Transfer of Environmentally-friendly Technologies, the Council agreed that the GEF Secretariat should prepare a report describing its work to date on financing technology transfer along with current financing options for technology transfer. It also noted the need for further guidance “regarding its mandate in respect of decision 4/CP.13” of the December 2007 Conference of the Parties to the UN Framework Convention on Climate Change. This decision requested the GEF to “elaborate a strategic programme to scale up the level of investment for technology transfer to help developing countries address their needs for environmentally sound technologies, specifically considering how such a strategic programme might be implemented along with its relationship to existing and emerging activities and initiatives regarding technology transfer and to report on its findings to the twenty-eighth session of the Subsidiary Body for Implementation for consideration by Parties.” The twenty-eighth session of the UNFCCC's Subsidiary Body for Implementation is taking place in Bonn, Germany, in June 2008.

 

The Council also reviewed a “Progress Report on the Implementation of the RAF,” which indicated that, with the approval of the April 2008 work programme, about 28% of the resources available in the biodiversity and climate change focal areas will have been utilized. The November 2008 Council meeting will consider a mid-term review of the RAF.  The Council also adopted ten climate change projects ranging from energy efficiency in the industrial and building sectors, to sustainable mobility and rural development.

 

Link to further informationGEF Council Documents