Least Developed Countries

Make Last Sprint Towards 2030 a ‘Turning Point’ for Nature Finance, Eighth GEF Assembly Told

"While pressures on public budgets are growing and geopolitical tensions rising, it can be tempting to see environmental finance as optional. It is not,” GEF Interim CEO and Chair Claude Gascon told the closing plenary of the Eighth GEF Assembly in Samarkand, Uzbekistan, today.

As Global Demand for Gold Grows, UN Mercury Head Warns Toxic Fumes Put Women in a Motherhood Dilemma

Ask any woman miner in the Katoro goldfield in Tanzania’s northern Geita region, and she will tell you that she touches toxic mercury with her bare hands when extracting gold from crushed ore.

GEF Pushes Innovation, Blended Finance Ahead of the Eighth Assembly

As the Global Environment Facility (GEF) steps into the starting blocks of its next financial cycle, the Interim CEO Claude Gascon reflects on what he termed a “moment of transition and delivery".

GEF Approves Adaptation Funds Strengthening Resilience in Vulnerable Countries

Bangladesh, the Democratic Republic of Congo, Guinea-Bissau, Niue, Senegal, Solomon Islands, Sudan, and Togo will receive over USD 67 million in new funding to help strengthen resilience.

Bhutan’s WTO Path: Learning from the Global South

Bhutan’s decision to restart its accession to the World Trade Organization (WTO) comes at an important junction. Since graduating from Least Developed Country (LDC) status in 2023, the country is entering a new phase of development, which requires stronger competitiveness, deeper global engagement and greater economic resilience.

As Three COPs Converge, Leaders at GEF Council Call for Unified Global Action

On day 2 of the Global Environment Facility’s 71st Council Meeting, which focused on process and procedure, a clear message emerged: global environmental governance cannot afford fragmentation.

Delegates Push for Greater Accountability, Community Inclusion as GEF Crosses Major Environmental Milestones

While the Global Environment Facility (GEF) said its eighth replenishment cycle (GEF-8) was about to exceed environmental targets for biodiversity protection, marine conservation, ecosystem restoration, and reducing greenhouse gas emissions, governments and civil society groups called for stronger safeguards to ensure that local communities, Indigenous Peoples, and smaller implementing agencies are not left behind as funding mechanisms become more complex.

GEF Council Welcomes New Green Pledges, Highlights Old Access Barriers

The 71st Council meeting of the Global Environment Facility (GEF) opened today amid a sharp divide, with donor nations urging broader and increased funding commitments, while developing countries called for more equitable and accessible pathways to environmental finance.

‘Do More With Less’: GEF CEO Claude Gascon on Speed, Scale and Reform

As governments prepare for the Eighth Assembly of the Global Environment Facility (GEF) – scheduled to be held from May 30 to June 6 in Samarkand, Uzbekistan – the stakes are unusually high.

Empowering Youth Is the Fastest Path to Transforming Least Developed Countries

The future of the world’s least developed countries (LDCs) will be shaped by a critical choice they make today- strategic investment in their youth. Rich in human potential, the young people in LDCs embody ingenuity, resilience and ambition. With the right opportunities, they can transform challenges into opportunities and put their countries strongly on track to sustainable development.

Inside GEF-9: What it is and Why it Could Define the Next Four Years of Environmental Action

The gap between global environmental ambition and real-world progress is widening, with less than five years left to meet key climate and biodiversity targets.

Guardians of the Sea: How GEF Small Grants Program Enables Young Volunteers Take the Lead in Sea Turtle Conservation

Every winter thousands of sea turtles come ashore at Cox’s Bazar, in the Bay of Bengal, Bangladesh, to lay eggs.

Explainer: How the GEF Funds Global Environmental Action

The Global Environment Facility, widely known as the GEF, plays a central role in financing environmental protection across the world. It supports developing countries in tackling climate change, biodiversity loss, land degradation, pollution, and threats to ecosystems.

Nations pledge $3.9bn to Global Environment Facility as Race to Meet 2030 Goals Tightens

With just four years left to meet a series of global environmental targets, governments are committing to shore up one of the world’s main environmental funds, the Global Environment Facility (GEF), with a $3.9 billion pledge.

Why Climate Finance Is Vital for the Implementation of NDCs in Africa

Funding cuts from the United States, the United Kingdom and Europe have left a funding gap in climate change programmes across Africa.

The AI Revolution – A Way Forward

Artificial intelligence (AI) is rapidly changing our world. It has helped a few companies in developed countries set record-breaking profits. Last month, Nvidia, a leading US AI company, hit a market value of USD 5 trillion.

Poor Countries Welcome Loss and Damage Fund’s Call for Requests, Warn It Falls Short of Needs

Least Developed Countries have hailed the debut call for proposals for the Loss and Damage Fund, which was launched on 11 November at the United Nations climate summit known as COP30 in Belem, Brazil.

Two-Thirds of Climate Funding for Global South are Loans as Rich Nations Profiteer from Escalating Climate Crisis

New research by Oxfam and the CARE Climate Justice Centre finds developing countries are now paying more back to wealthy nations for climate finance loans than they receive—for every USD 5 they receive, they are paying USD 7 back, and 65 percent of funding is delivered in the form of loans.

Why the Awaza Declaration Could Rewrite the Future for the World’s Landlocked Nations

The theater of diplomacy can be more revealing than the speeches. Under a scorching Caspian sun in Awaza, two marines lowered their flags with the precision of a ballet. The green silk of Turkmenistan, folded into a neat bundle before the UN’s blue-and-gold standard, fluttered briefly and vanished into waiting hands.

AfDB Commits 11 Billion Dollars To Support Early Warning Systems, Food Security in Rural Africa

As increasingly frequent droughts and devastating floods are affecting agricultural productivity, leaving millions of people food insecure in Africa amid a lack of climate finance, the African Development Bank (AfDB) has committed USD 11 billion to support various climate-resilient and infrastructure projects in rural areas.

Boosting Trade in the World’s Least Developed Countries – The Power of Technology

Artificial intelligence and the use of frontier technologies are already transforming trade and boosting prosperity, particularly for developed and some developing countries. This ranges from the digital exchange of documents, the digitalisation of trade processes and leveraging online platforms to fast-track cross-border trade.

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