GEF in practise'
For the 1995-1998 GEF ‘operational’ phase, which promised
to ‘build on the lessons’ of the pilot phase, donors promised
a total of $1.8 billion – but again, only about half the promised
sum was spent on mostly quite large development projects:
for example for renewable energy technologies and protected
areas, also mapping of genetic resources, sources and sinks
of ‘greenhouse gases’ and preparation of plans for their management.
The rest of the money was carried over in 1998 when GEF was
replenished with an advertised $2.75 billion to last until
Though the total sum promised had risen again, it was in this
context that some people from the South described GEF as ‘a
con’. The longer time period and a carry-over of about $860
million, much of it not yet even raised from late paying donors,
meant their real contribution would quite possibly decline
– making careful distribution of precarious funding all the