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Up to 55k USD available under MedFund
Details
Location:
Albania, Algeria, Lebanon, Montenegro, Morocco, Tunisia
Funding agency:
Grantmaking entity:
Grantmaking entity type:
NGO
Status:
Closed
Budget:
N/A
Award ceiling:
USD 55,000
Award floor:
N/A
Sector:
Environment & Climate, Fisheries & Aquaculture
Languages:
English
Eligible applicants:
Other(Marine Protected Areas (MPAs))
Eligible applicant countries:
Albania, Algeria, Lebanon, Montenegro, Morocco, Tunisia
Date posted:
May 29, 2024
Description
Up to 55k USD available under MedFundThe MedFund is an environmental trust fund that aims to mobilize public and private actors to promote the development and effectiveness of Mediterranean Marine Protected Areas (MPAs). The Fund provides financial suppor
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grant Background
About the Funding Agency
Global Environment Facility
The Global Environment Facility (GEF) was founded on the eve of the Rio Earth Summit 30 years ago to address our planet's most critical environmental issues. The GEF is the world's largest multilateral trust fund dedicated to assisting developing countries to invest in nature and it promotes the implementation of major international environmental treaties.
The GEF awards funding for initiatives involving biodiversity, climate change, international waters, land degradation, the ozone layer, persistent organic pollutants, mercury, sustainable forest management, food security and sustainable cities. Thus far, the GEF has supported over 25,000 civil society and community initiatives in 135 countries through its Small Grants Program.
About the Sectors
Environment & Climate
Focuses on protecting natural ecosystems, promoting sustainable resource management, enhancing climate resilience, and mitigating the impacts of climate change through conservation, adaptation, and low-carbon initiatives.
Key areas:
- Environmental protection and conservation
- Natural resource and ecosystem management
- Climate change and environmental resilience
Fisheries & Aquaculture
Encompasses the harvesting, farming, and management of fish and other aquatic organisms for commercial, subsistence, or conservation purposes.
Key areas:
- Capture fisheries and fishing activities
- Aquaculture and aquatic farming systems
- Sustainable management of aquatic resources
Locations
Albania
Albania focuses on road modernization, rail upgrades, port expansion, and energy infrastructure to improve regional integration and support economic growth. EU cohesion and pre-accession funds are a major source of infrastructure financing. Investments aim to strengthen trade links with neighboring countries and enhance tourism accessibility. Governance reforms, fiscal capacity, and project implementation efficiency remain critical challenges.
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Algeria
Algeria has seen a notable uptick in public and private investment, particularly in infrastructure, energy and transport, as part of broader economic transformation efforts. Strategic projects, including major rail corridors, urban mobility, desalination capacity and energy diversification, are underway, supported by increased foreign direct investment and partnerships with development banks. To deepen development impacts, Algeria continues to pursue economic diversification beyond hydrocarbons, improve regulatory and investment frameworks and enhance governance of infrastructure delivery.
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