The GEF has sought to develop long-term, sustainable approaches to maintaining forests. As of June 2016, the GEF had supported more than 430 forest-related projects, with US$2.7 billion in grants that leveraged an additional US$12.0 billion in co-finance. Funding for forests is steadily increasing. During the four years of the Fifth Replenishment (GEF-5), exactly US$700 million in grants was committed.