At the Global Environment Facility’s (GEF) 5th Assembly and Council Meetings earlier this month, the World Bank Group sent a full team to give strong signal of our ongoing support to the GEF as it celebrated the launch of its next four-year period. Hosted by the Mexican government, the meetings included a special address from President Enrique Peña Nieto, who called upon all nations to take a longer term vision of the needs of future generations.
This highly effective and still rather unique public-private partnership model remains one of the best practice examples among the nearly 20 conservation trust funds that the Bank has helped support globally over the years using GEF funds. Our efforts strived for financial sustainability through a series of sequential GEF projects, each of which stepped up ambition while stepping down the reliance on external funds. It was extremely gratifying, years on, to see and hear firsthand that the goal of self-reliance and full financial sustainability sought for the national park system was alive and doing well. A visit to the thriving Parque Nacional Isla Contoy, organized by the government as part of the week's concluding events, confirmed this as we saw the results of one of the first protected areas the Bank-GEF program helped establish.