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GEF-5 Replenishment

GEF-5 Replenishment. Sub-Regional Workshop for GEF Focal Points Europe and CIS Dubrovnik, Croatia, 11-13 February 2009. Context of the Replenishment. Over 15 years, GEF has become the financial mechanism of four MEAs.

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GEF-5 Replenishment

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  1. GEF-5 Replenishment Sub-Regional Workshop for GEF Focal Points Europe and CIS Dubrovnik, Croatia, 11-13 February 2009

  2. Context of the Replenishment • Over 15 years, GEF has become the financial mechanism of four MEAs. • Increasing attention to climate change – proliferation of funds for mitigation and adaptation. • Discussion at the UNFCCC for a new financial mechanism. • Challenge to the raison d’etre of the GEF as the central financial mechanism to the MEAs.

  3. GEF Replenishments

  4. Proposed GEF-5 Replenishment Target $ 8 - $10 billion

  5. Replenishment Process • Planning meeting November 2008 • First meeting March 17-18, 2009, Paris • Second meeting June 2009, Washington • Third meeting Sept/Oct 2009 • Fourth meeting Jan/Feb 2010

  6. Preparation for the First Replenishment Meeting Documents from the Secretariat • Special themes for the replenishment • Strategic positioning of the GEF • Innovative Instruments for raising resources Documents from the Trustee • Exchange rates for determining contribution amounts in SDR Documents from the evaluation Office • OPS-4 reports

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