The world’s largest financing body for the environment The Global Environment Facility (GEF) is through its implementing agency the World Bank is funding one of the most exciting projects in recent years for conservation of privately owned islands. The grant comes to total of US$ 814,000.00 to be disbursed over a period of three years. The project entitled “Improving Management of NGO and Privately Owned Nature Reserves and High Biodiversity Islands in Seychelles” has now started and is being coordinated by Nature Seychelles which successfully negotiated for the grant