| 1990: GEF launched with ~US$1 billion; 46% funds for biodiversity.
1996: GEF becomes financial mechanism for the Convention at COP3, Argentina.
2002: GEF’s 3rd replenishment: $3 billion, 30% for biodiversity (2002-06).
2010: COP10 in Japan sets Aichi targets; 5th GEF replenishment: $4.34 billion, $1.15 billion for biodiversity.
2014: GEF’s 6th cycle: $4.43 billion, 6.3% for biodiversity.
2019: IPBES report shows 1 million species at extinction risk.
2023: 7th GEF Assembly ratifies GBFF with $200 million seed capital; $1.92 billion for biodiversity in 8th cycle.
1992: CBD signed at Earth Summit, effective 1993; COP1 in Bahamas.
1998: First GEF Assembly in New Delhi; $418 million allocated for biodiversity.
2006: 4th GEF replenishment: $3.13 billion, 26% for biodiversity.
2012: COP11 in India; IPBES to assess biodiversity status.
2018: COP14 in Egypt assesses Aichi targets; GEF’s 7th cycle: $4.1 billion, 21.8% for biodiversity.
2022: COP15 in Montreal adopts Kunming-Montreal Framework; $200 billion/year needed, Global Biodiversity Framework Fund proposed. |