Washington D.C./Rome – The Global Environment Facility (GEF) has greenlighted 48 FAO-led projects worth about $2.9 billion –$294 million in project financing and $2.6 billion in co-financing– that will play a pivotal role in fostering a sustainable agrifood systems transformation to end hunger and conserve the environment.
The initiatives, benefitting 4.2 million people in five different regions globally, will restore more than 474,000 hectares of land; improve practices on over 24 million hectares of land and marine habitats; create and improve the management of over 2 million hectares of protected areas on land and sea; mitigate 133 million metric tons of greenhouse gas emissions; and remove 202 metric tons of hazardous agrochemicals.
“This is the largest work program of FAO projects approved by GEF Council. Working closely on