The GEF Trust Fund seeks to deliver global environmental benefits (GEBs): conserving and sustainably using biodiversity, reducing greenhouse gas emissions, strengthening transboundary water management, reducing chemicals and waste, and sustainably managing and restoring land. Many GEF Trust Fund projects also provide socio-economic co-benefits, including support for adapting to the impacts of climate change. However, these climate adaptation benefits are often not adequately considered or captured.
This STAP advisory document summarizes the results from an analysis of 37 GEF-8 Trust Fund projects to better understand how climate change is characterized in the project and whether the project could deliver climate adaptation benefits as designed or with some design modification without compromising the intended GEBs. Based on the results of the analysis, STAP offers advice on improving the design of projects to enhance climate adaptation benefits from GEF Trust Fund investments.
