GEF Approves US$22M for Liberia and others to Scale-Up Investment, Technology Transfer

MONROVIA – The Global Environment Facility (GEF) has approved a whopping amount of US$$22 million to scale up investment and technology need transfer in Liberia and ten other developing countries including the Angola, Ethiopia, Gambia, Guinea, Mauritania, Senegal, Sierra Leone, Togo, Uganda and Zambia.

According to report, the GEF Council at its 56^th Council Meeting has approved the GEFTF (GEF) ID 10218) project title “AFLDC-2 Scaling-up Investment and Technology Transfer to Facilitate Capacity Strengthening and Technical Assistance for the implementation of Stockholm and Minamata Conventions in African Least Developed Countries for the 11 African countries. 

The Stockholm convention is an international environment agreement on the elimination or restriction of the production, use and release of persistent organic pollutants (POPs) while the Minamata convention is a global treaty to protect human health and the environment from the adverse effects of mercury. 

Based on the approval, the African Development Bank AfDB will work on the preparation of the CEO endorsement document for the submission to the GEF within the next 12 months.

GEF seeks to create long term, sustainable value for our investors, by partnering with growing, dynamic companies that are driving efficiency for their customers, enabling them to achieve their business and financial goals. 

The Government of Liberia through the Environmental Protection Agency’s Executive Director, Dr. Nathaniel T. Blama, Sr., appreciates GEF support and promised when funding is access, it will strengthen national capacity in meeting up with our obligations under the Stockholm convention on Persistent Organic Pollutants (POPs) and the Minamata convention on the control and use of mercury which poses serious threat to human health deliver sound environmental management to help improve the quality of living for the Liberian people.