Annual Report 2010

In 2010, FFEM grant commitments amounted to 21.03 M€. A further 31.89 M€ was earmarked for projects identified but not yet launched.
The FFEM continued its mission to protect the global environment, focusing as a priority on Africa and the Mediterranean and on the biodiversity and climate change topic areas. Its activities combine two fundamental aims:

• to fulfil the Copenhagen undertakings on fast-start project financing in 2010, 2011 and 2012 in the areas of forestry, emission reductions and action against forest degradation.

• to pursue its activities for biodiversity protection in 2010, the United Nations International Year of Biodiversity.