The Global Environment Facility (GEF) is a publicly funded, multi-billion dollar experiment in global resource management. It was set up in 1991 under the auspices of the World Bank to fund international conventions on climate change and biodiversity. Investigating the workings of this little known aid fund, Zoe Young takes a critical look at the conflicts involved, focusing on how the GEF's agenda relates to questions of globalisation, knowledge and accountability in the United States and the World Bank. Zoe Young explains how the GEF was formed by Western governments to deflect protest against the environmental impacts of the World Bank and the IMF in the 1980s, while retaining control of the scope of the new treaties. She examines the central paradox of the GEF: although intended to promote reform and co-operation for 'global' conservation, the GEF cannot challenge damaging economic policies or powerful interest groups. Instead it has helped to put prices on nature and open up Southern resources and markets to 'global' experts and investors.
As our landscapes, fertility, cultures and ecosystems are being destroyed every day, Zoe Young gives a disturbing account of the complex issues that must be addressed before the world's environment can be managed more democratically -- and effectively.
Zoe Young has researched and written about the GEF for several years with the University of Hull, and co-directed the documentary Suits and Savages - Why the World Bank Won't Save the World with Conscious Cinema. More information can be found at www.newgreenorder.info.
CHAPTER 1 - GREENING THE NEW WORLD ORDER 'The Future Of The Earth... In Our Hands' The GEF in Practice The GEF in Context CHAPTER 2 - GLOBAL ENCLOSURES AND THEIR DISCONTENTS Globalisation and its Institutions Aid and Development, Enclosing the Commons? Environmental Movements Multilateral Environment Agreements CHAPTER 3 - CREATION OF A GLOBAL GREEN FUND A Global Environment Fund is Conceived The Institutional Arrangement Created Overview of GEF's Spending in the Pilot Phase GEF Climate Project: Spreading Solar Energy in Zimbabwe Unced and After Interests in the GEF After Rio CHAPTER 4 - GETTING THE NEW FACILITY IN ORDER Review and Restructuring The New Governance Structure The New Operational Structure The New Issues Emerging CHAPTER 5 - PUTTING PLANS INTO PRACTICE Raising the Money Sources of 'GEFable' projects Allocating the Money Distributing the Money Devolving Finance CHAPTER 6 - COMPETITION, CO-OPERATION AND DISTORTED FEEDBACK Inside GEF Relations in the GEF Family Participation and Feedback Democracy, Science and Knowledge CHAPTER 7 - CAN ANYONE SAVE THE WORLD? Revisiting assessments Saving Worlds - Within Limits Possible alternatives to spending on a GEF References IndeX