The objective of co-financing for GEF projects is to expand the resources available for project implementation, since the limited financial resources of GEF have to serve the growing demand for assistance; maximize and sustain their impacts by ensuring their success and local acceptance; and demonstrate the commitment of the beneficiaries, counterparts and agencies.
The objective of co-financing for GEF projects is to expand the resources available for project implementation, since the limited financial resources of GEF have to serve the growing demand for assistance; maximize and sustain their impacts by ensuring their success and local acceptance; and demonstrate the commitment of the beneficiaries, counterparts and agencies.