FFEM’s financial resources
FFEM’s resources stand at €132m for the period 2023-2026. They are replenished by the State budget and are renewed in 4-year cycles.
FFEM’s financial resources come in addition to France’s contribution to the Global environment facility (GEF). They allow France to continue and scale up the implementation of innovative actions, integrating global environmental issues in the development projects of emerging or developing countries.
The activities of FFEM, a bilateral fund, differ from those of GEF, its multilateral counterpart, through:
- His dual mandate Environment and Development
- The innovation it promotes
- The priority given to operations in Africa and the Mediterranean (while FFEM earmarks 70% of its financial commitments for Sub-Saharan Africa and the Mediterranean, GEF earmarks 25%)
- Its partnerships with Francophone actors