GEF Trustee

The World Bank serves as the GEF Trustee. As the GEF Trustee, the Bank is accountable to the GEF Council for the performance of its fiduciary responsibilities. It administers the GEF Trust Fund in accordance with the applicable provisions of the Instrument and decisions of the GEF Council. The Trustee mobilizes resources for the Fund and manages the Fund, including the investment of its liquid assets, the disbursement of funds to the Implementing Agencies as well as the financial reports regarding the investment and use of the Fund’s resources.