Global Framework on Chemicals (GFC) Fund to support chemicals and waste management in developing economies

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GFC Fund has launched its first project call for targeting safe and sustainable management of chemicals and waste.

About GFC Fund

Setup during fifth International Conference on Chemicals Management (ICCM5) in 2023 in Bonn, Germany.
Executive Board takes operational decisions and oversees its functioning. It is composed of
- 2 National representatives of each United Nations region; and Representatives of all donors and contributors.
It complements existing financial mechanisms, like Global Environment Facility etc. and funds that support biodiversity and climate action.
Objectives:
- Support low-and middle-income countries, including small island developing states, in addressing chemicals, including products and waste in line with international standards.
- Target medium-scale projects that strengthen national and regional abilities managing chemicals and waste.
Financial Support: Selected projects will receive 300,000 to 800,000 USD for up to three years to minimize harm from chemicals and waste and protect environment and human health.
- Funding is provided through voluntary contributions.

Multi-sectoral agreement that outlines set of 28 targets to address chemicals and waste management including prevention of illegal trade, elimination of highly hazardous pesticides in agriculture by 2035 etc.

Strategic Approach to International Chemicals Management (SAICM): Global policy framework to minimize health and environmental impacts of chemicals throughout their lifecycle.
Basel Convention: An international treaty to regulate transboundary movement and disposal of hazardous wastes.
Stockholm Convention: Global treaty to protect human health and environment from effects of persistent organic pollutants.

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