GEF Council meeting Current Affairs, GK & News

Global Environment Facility (GEF): India increases grant from $12 million to $15 million

India announced to increase its grant to Global Environment Facility’s (GEF) new four-year investment cycle, known as GEF-7 from $12 million to $15 million. It was announced at the GEF Council meeting held at Da Nang, Vietnam and approved a $4.1 billion replenishment of GEF-7. Key Facts With India’s increased financing commitment, it is playing ..