The GEF is the designated institutional structure operating the financial mechanism of the Convention; it applies the guidance, including policy, strategy, program priorities, and eligibility criteria relating to access to and use of its resources from the Conference of the Parties.
At every ordinary meeting of the Conference of the Parties, the GEF provides a report on its biological diversity activities. The Executive Secretary regularly provides updates on the development of biodiversity issues, under the Convention to the GEF Council. The CBD relationship with the GEF is governed by Memorandum of Understanding between the Conference of the Parties to the Convention on Biological Diversity and the Council of the Global Environment Facility (Decision III/8).
