Installing solar panels, biking to work, switching to sustainable agriculture, buying clothes second-hand instead of new -- what do all these have in common? For one, these are all measures that could help save money and mitigate climate change. These also require individuals and institutions to change their behavior.

The Global Environment Facility (GEF) was established in 1992 to finance multiple international environmental conventions, with projects addressing one convention at a time. In 2014, increased awareness of the interconnectedness of today's environmental problems led the GEF to introduce an integrated approach. This major reform aimed to address the main drivers of global environmental degradation and deliver benefits across the conventions.

When it comes to making the private sector more environmentally sustainable, we don't usually think of the millions of small businesses—better known as micro, small and medium enterprises (MSMEs)— that dominate private sector activity in developing markets.

COP26 is about to start in Scotland and thousands of government and civil society representatives, international organization and private sector types, scientists, journalists, and hangers-on are descending upon the city of Glasgow while the pandemic is still ongoing. In fact, the accommodations in town and its surroundings are already so overbooked that many participants have to stay in Edinburgh, some 40 minutes' train ride away.