PHL biodiversity to get lion’s share in global environment cash pool | Jonathan L. Mayuga

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PHL biodiversity to get lion’s share in global environment cash pool | Jonathan L. Mayuga
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The protection and conservation of the country’s rich biodiversity will be getting the proverbial lion’s share under the 8th replenishment cycle of the Global Environment Facility (GEF 8), an official of the DENR said.

THE protection and conservation of the country’s rich biodiversity will be getting the proverbial lion’s share under the 8th replenishment cycle of the Global Environment Facility , an official of the Department of Environment and Natural Resources said.

The DENR said the FASPS will be working with the GEF Secretariat and various implementing multilateral financing agencies in overseeing the project’s implementation during the 4-year cycle covering the years 2023 to 2026. The GEF funding window now serves as a financial mechanism for the UN Convention on Biological Diversity , Persistent Organic Pollutants , UN Convention to Combat Desertification and the Minamata Convention on Mercury.

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