UNIDO plays active part in Global Environment Facility assembly
02/07/2018
The GEF was established at the 1992 Rio Earth Summit to provide grants for projects related to biodiversity, climate change, water management, land degradation, the ozone layer, sustainable forest management, food security, sustainable cities and so on.
Da Nang was the venue for the meeting that marked the beginning of the seventh replenishment of the GEF, which has achieved donor pledges of $4.1 billion for the next four-year cycle.
In an address at the plenary session, Mr Li said: “Inclusive and sustainable industrial development enables UNIDO to target the drivers of environmental degradation with co-benefits such as increased economic growth, new jobs and shared prosperity. It is here that we see a strong alliance with the objectives of the GEF.”
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