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Observations from the GEF biodiversity portfolio. Claudio Volonte GEF Secretariat. GEF biodiversity portfolio. US$1.3 billion to 446 projects in 123 countries (as of June 2001) Funding through ecosystem based OPs
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Observations from the GEF biodiversity portfolio Claudio Volonte GEF Secretariat
GEF biodiversity portfolio • US$1.3 billion to 446 projects in 123 countries (as of June 2001) • Funding through ecosystem based OPs • Support for Global 200 ecoregions, World Heritage Sites, Ramsar sites, migratory waterbirds, biosphere reserves • Support for demonstration projects linked to alternative livelihoods for local and indigenous communities.
GEF biodiversity program study • Findings and recommendations on sustainability: • Much more needs to be done to secure sustainability of project gains and activities • Funding patterns during the project must be compatible with the economic realities of the host institution/country: cost effectiveness. • For most governments to have the political will to conserve biodiversity, its conservation must be seen as contributing to economic growth and security. • Only activities that have a realistic chance of tackling immediate and proximate underlying causes should be considered. • Conservation initiatives should be linked to commercial interests
Financial Arrangements: lessons from GEF experiences • Means but not ends • Linkage to biodiversity conservation and sustainable use • Operational schemes (not “concepts”) • Dynamic, flexible and responsive • Include monitoring • Financial arrangements vs. economic arrangements • Market vs. non-market • Should meet recurring cost of project outcomes and should have benefits on the ground
GEF funding and financial arrangements • Direct funding to grants, trust funds, concessional funding (barrier removal), loans (with IFC/private sector) or • Funding to support projects and programs for development of financial arrangements
LiteratureReview PortfolioReview Database CaseStudies Assessment,Guidance, Lessons Learned CommunicationStrategy FinalReport GEFM&E Study Financial Arrangements in Biodiversity