Global Biodiversity Framework Fund (GBFF)
The Global Biodiversity Framework Fund (GBFF) was established by the GEF at the request of parties to the Convention on Biological Diversity’s COP15 to support implementation of the Kunming-Montreal Global Biodiversity Framework. Launched at the Seventh GEF Assembly in 2023, the fund aims to help countries strengthen national-level biodiversity management, policy, governance, and resource mobilization, including blended finance to leverage private sector financing. The GBFF can receive contributions from public, private, and philanthropic sources. It has streamlined procedures to provide efficient and impactful support for developing countries towards biodiversity goals, with a target of having 20 percent of its funding to support biodiversity action led by Indigenous Peoples and local communities.
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