Yes, but negotiations are not

Since entry into force of the UN Framework Convention on Climate Change (UNFCCC) in 1994, negotiations on controlling future greenhouse gas emissions have turned into one of the largest development issues of our time.

For more than a decade, the Global Environment Facility (GEF) has provided critical support to developing countries for fighting global environmental problems such as climate change and the loss of biodiversity. But recent developments do not bode well for the ability of the GEF to continue playing its pivotal role in support of implementing multilateral environmental agreements.