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Promoting environmental and climate change benefits in africa
The Global Environment Facility (GEF) is a multilateral donor trust fund established in 1991 to finance actions which address critical threats to the global environment. It brings together 183 member governments in partnership with international institutions, nongovernmental organizations, and the private sector. Funding is provided to cover the “incremental” or additional costs associated with transforming a project with national benefits into one with global environmental benefits. The GEF is also the financial mechanism assisting developing countries meet their obligations under various multilateral environmental agreements (MEAs).