Donors just gave $3.9 billion to a major climate fund. That’s $1.4 billion less than last time.
The Global Environment Facility needed more. But war, inflation, and shifting politics got in the way. You might have missed the news. Late last week, the Global Environment Facility (GEF), one of those big multilateral funds that most people have never heard of but that actually channels billions into protecting forests, cleaning up oceans, and…