Global Environment Facility
We contributed to an evaluation of the Global Environment Facility’s engagement with the private sector
The Global Environment Facility (GEF) was established on the eve of the 1992 Rio Earth Summit to help tackle our planet’s most pressing environmental problems. Since then, the GEF has provided over $17.9 billion in grants and mobilised an additional $93.2 billion in co-financing for more than 4500 projects in 170 countries.
The private sector plays a vital role in the transition to sustainable development by providing solutions and financing to global environmental challenges. That is why the GEF’s Independent Evaluation Unit asked Steward Redqueen to develop a study on the gap between demand and supply in green finance and the opportunities for the GEF to engage more effectively with the private sector. We performed in-depth research and executed several surveys and interviews with over 50 stakeholders.
The resulting report assesses the GEF’s private sector engagement activities and provides insights, lessons and recommendations for strengthening the GEF’s collaboration with the private sector. Please click here to access to the full report.