The Global Environment Facility (GEF), headquartered in the United States, is a pivotal organisation dedicated to addressing global environmental challenges. Founded in 1991, the GEF has played a crucial role in funding initiatives that promote sustainable development across various regions, including Africa, Asia, and Latin America. Operating within the environmental finance industry, the GEF focuses on key areas such as biodiversity conservation, climate change mitigation, and sustainable land management. Its unique approach combines financial resources with technical expertise, enabling countries to implement transformative projects that yield long-term ecological benefits. Recognised for its significant contributions to global environmental governance, the GEF has mobilised billions in funding and partnered with numerous international organisations, solidifying its position as a leader in environmental sustainability efforts worldwide.
How does Global Environment Facility's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Business Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Global Environment Facility's score of 23 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2019, the Global Environment Facility (GEF) reported carbon emissions data, although specific total emissions figures were not disclosed. The available information indicates a gas emissions intensity of approximately 0.00055 kg CO2e per kWh, but no specific Scope 1, 2, or 3 emissions were detailed. Currently, GEF does not have any publicly stated reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. This lack of defined targets suggests that while GEF is engaged in environmental initiatives, specific measurable commitments to reduce carbon emissions have not been established. As a key player in global environmental finance, GEF's role in addressing climate change is significant, yet the absence of concrete emissions data and reduction goals highlights an area for potential improvement in transparency and accountability regarding their climate impact.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Global Environment Facility is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.