The Global Environment Facility announced October 17 that it is developing a strategy to help mobilize resources to meet international environmental targets. The GEF 2020 Strategy will be geared toward meeting global goals related to biodiversity, climate change, and forest preservation by promoting valuing natural capital, encouraging biodiversity, and helping to mobilize resources to expand programs that support global environmental goals. The facility was established in 1991 to provide environmental grants to developing countries, has 182 member nations, and serves as the financial mechanism of several environmental conventions.