The Global Environment Facility (GEF) in its capacity as financial mechanism of the Stockholm Convention has already invested over USD 450 million towards POPs phase out activities in developing countries and countries with economies in transition. With leveraged cofinancing amounting to USD 650 million, well over 1 billion US dollars have been invested towards achieving the goals of the Stockholm Convention. Following the successful replenishment of the GEF in May 2010, the resources directly available for POPs have been significantly increased by 35%, to USD 375 million in total for the next four years from July 2010 to June 2014.