The Global ecosystem-based adaptation (EbA) Fund, co-managed by UNEP and the International Union for Conservation of Nature, provides seed capital for innovative EbA approaches. The first and second Global EbA Fund grantee selection processes approved US$5.6 million for 23 projects, which will support ecosystems across the world, including protecting coral reefs in the Philippines and restoring riverbanks for erosion control in Fiji. The third and fourth grantee selection processes are ongoing, with another 30 projects in the pipeline.
Meanwhile, UNEP’s EbA portfolio grew to over 45 projects, including a US$6 million project in Mozambique to protect coastlines through the restoration and conservation of nature. Overall, UNEP’s EbA projects aim to restore 131,000 hectares of ecosystems and benefit 2.7 million people.
