Other innovative financing mechanisms include credit guarantees, revolving funds and issuance of municipal bonds.

Innovative sources of financing

Innovative approaches to funding

Innovative funding sources were a complement to ODA.

Decides to give further consideration to the subject of innovative development financing mechanisms and techniques from all sources public and private, domestic and external

A. Funding mechanisms

B. Major funding mechanisms . 33 52 11

(i) Establishment of financing mechanisms

6. Mixed funding mechanisms . 52 15

B. Major funding mechanisms

Domestic resource mobilization, including innovative sources of financing

These are essentially refinancing mechanisms.

C. Comparative analysis of some aspects of the

III. FUNDING MECHANISMS OVERVIEW, ISSUES AND OPTIONS .... 28 62 10

III. FUNDING MECHANISMS OVERVIEW, ISSUES AND OPTIONS

C. Comparative analysis of some aspects of the funding mechanisms

Cost sharing mechanisms for jointly financed administrative activities

The relationship between funding mechanisms and governance is also touched upon.

35. The most common funding mechanisms and their characteristics are examined in this section.

A declaration adopted by 111 countries has welcomed the ideas and proposals put forward in the Report of the Technical Group on Innovative Financing Mechanisms.

Several delegations questioned the desirability of pooling funding mechanisms for joint programming.

The importance of adequate funding mechanisms cannot be overemphasized.

The reversal of the current resource situation thus went beyond the reform of funding mechanisms.

54. Adequate funding mechanisms were also essential for environmental protection.

Innovative financing solutions might also undermine the clear assignment of responsibilities for raising and using public money.

But we will also help by promoting the more harmonized delivery of aid and innovative financing mechanisms and by creating the right environment to foster economic growth and employment opportunities.

Completing its monetary union requires Europe to create a proper emergency financing mechanism.

We strongly support pursuing the establishment of such a facility, including refinancing mechanisms.

36. Most organizations rely on a variety of funding mechanisms simultaneously.

The international community could and must contribute to the region apos s sustainable development through innovative cooperation mechanisms.

Since new and innovative financing mechanisms could increase the volume and predictability of resources, the GUAM States supported the International Finance Facility, the Initiative against Hunger and Poverty and the New York Declaration on Innovative Sources of Financing for Development.

Innovations

More flexible mechanisms, such as large scale thematic funding for girls' education, are also helping in the acceleration effort.

These activities will build, among other things, on the experience acquired through the implementation of national programmes of action under the Global Programme of Action , the GEF conservation financing project and the UNEP Division of Technology Industry and Economics finance and economic programme components.

Norway is a strong supporter of joint financing mechanisms with a view to strengthening Afghan ownership and improving donor coordination.

The aim is to integrate environmental financing into national funding mechanisms and international sources of financing to maximise leverage of international transfers and government subsidies and gradually to mobilize additional domestic resources and establish mechanisms for the long term sustainability of programmes and projects.

New and innovative funding mechanisms are also required, such as debt swaps and increased opportunities for microfinance.

Innovative financial mechanisms such as the International Finance Facility, carbon off setting, emissions trading, international taxation and the potential of debt for nature swaps should be further explored.

Donors should leverage aid to grow the pie and to diversify financing sources for the world s poorest countries by providing risk guarantees, innovative investment vehicles, debt syndication, and co financing arrangements.

The Skills Development Act of 1998 provided for the establishment of mechanisms to finance and promote skills development at the workplace.

In addition, a report on research and development into energy technologies was recently produced by the International Union of Pure and Applied Physics, and a major new assessment effort on Transitions to sustainable energy is currently being carried out by the InterAcademy Council.

We are also of the view that the proposals on this issue made by the Technical Group on Innovative Financing Mechanisms, created by France and Brazil deserve to be studied in detail.

Noting the discontinuation of the global financing mechanisms of the Plan of Action to Combat Desertification, namely, the Special Account and the Consultative Group on Desertification,

60. Funding mechanisms also need to be assessed in relation to their ability to deal with currency fluctuations.

Here, Qatar supports the French proposal to set aside solidarity contributions that would accrue from a surcharge to be added to the price of airline tickets as an innovative source of financing for development.