The Global Environment Facility (GEF) received a record boost from its donor countries that pledged over US $4.25 billion extra for the coming 4 years. The financial pledges also include some of the Fast Start Financing discussed at the Copenhagen Climate Change Conference, and will feature the creation of a Sustainable Forest Management-REDD Plus. Approximately $1.35 billion out of the total $4.25 billion will be programmed for the climate change focal area.
Read here the official report from GEF.