Special Climate Change Fund

Supplementary provisional agenda

Recommendation of the Subsidiary Body for Implementation

UNIDO United Nations Industrial Development Organization

Financial Mechanism Models Function and Administration

The Strategic Approach national focal point should be a representative of the country's inter ministerial or inter institutional arrangements, where such arrangements exist.

Study of possible options for lasting and sustainable financial mechanisms

Option 5 Use the Stockholm Convention financial mechanism.

Option 5 Use the Stockholm Convention financial mechanism Parties could request the Stockholm Convention to allow its financial mechanism to also serve as the financial mechanism for the Rotterdam Convention.

Draft terms of reference for the review of the financial mechanism

Draft terms of reference for the review of the financial mechanism

Stockholm Convention, Article 13 paragraph 8 Report of the Intergovernmental Negotiating Committee on the work of its seventh session (UNEP POPS INC.7 28), annex I, decision INC 7 9.

Administration pertains to the entity that operates the financial mechanism.

UNCCD United Nations Convention to Combat Desertification in Those Countries Experiencing Serious Drought and or Desertification, Particularly in Africa

The MOU may contain sections on, inter alia guidance from the COP how the GEF will conform with the COP's guidance reporting from the GEF Council to the COP monitoring and evaluation regarding the effectiveness of the financial mechanism and cooperation between the GEF and convention secretariats.

Administration pertains to the entity that operates the financial mechanism.

POPs persistent organic pollutants

The Stockholm Convention financial mechanism Purpose The Stockholm Convention financial mechanism is intended to enable developing country parties and parties with economies in transition to meet the agreed full incremental costs of implementing measures that fulfill their obligations under the Convention.

This section provides basic information about the Stockholm Convention financial mechanism.

Neither does the study assess the amounts of financing needed for implementation of the Rotterdam Convention, nor does it address the legal means by which a financial mechanism might be adopted (e.g., by COP decision, amendment to the Convention, etc.). The study is presented in five Parts

Establishment of the Global Mechanism The GM was established under Article 21 of the UNCCD.

Evaluation of the Financial Mechanism of the Montreal Protocol Executive Summary, UNEP OzL.Pro.16 11 (2004).

(l) Development of draft terms of reference for the review of the financial mechanism in consultation with the secretariat of GEF

Those running a strong emergency financing mechanism will have to be strongly accountable.

(b) To identify and make an inventory of sources outside of the financial mechanism of the Convention that are available to provide assistance for capacity building

Projects involving developing countries are generally considered as being funded under the convention financial mechanisms.

Because the GM is a resource mobilization mechanism that is not primarily responsible for providing project funding, it is difficult to quantify the GM's direct effect on financial assistance flows to affected developing country parties.

The drafting of the project was completed in early 2005, and it is currently with the GM for financial arrangements.

These organizational elements will be used to link the needs of Parties with available sources of assistance both within and outside of the financial mechanism of the Convention.

The Global Mechanism Purpose and approach The Global Mechanism (GM) was established to mobilize and channel substantial financial resources to combat desertification and mitigate drought by increasing the effectiveness and efficiency of existing financial mechanisms.

In decision XVI 36, the Parties requested the Executive Committee to consider the evaluation and review of the financial mechanism.

For purposes of comparison, financial mechanisms under multilateral environmental agreements may be defined by their function and how they are administered.

Article 13 of the Stockholm Convention states that the financial mechanism will function in accordance with guidance to be provided by the COP.

Administration Like the other parts of the Climate Convention financial mechanism, the Adaptation Fund is operated by the GEF.

Each Party included in Annex II shall provide information on its contribution to the entity or entities entrusted with the operation of the financial mechanism.

Mechanism

UNODC supports States in establishing the institutional machinery necessary to fight illegal financial flows.

Has the Financial Information Engine on Land Degradation (FIELD) of the Global Mechanism's (GM) been fully developed and can could it be used to generate new or updated reports in the future?

The GM began to function in late 1998, but its staff resources were not fully deployed until 2002.

To continue supporting the integration of the activities of the CST and its GoE into the work of the CRIC, and the programming instruments of the Convention, such as NAPs, SRAPs and RAPs

The report of the review shall include, inter alia, the following elements An overview of elements (a) to (d) of paragraph 1 above An analysis of lessons learned from the activities funded by the financial mechanism during the period covered by the review Recommendations and guidance to improve the effectiveness of the financial mechanism in meeting the objectives of the Convention Performance criteria.

Government Machinery

3. Invites the Regional Centre, taking into account the availability of financial resources, to focus its actions on the priorities identified in the recommendations of the Consultative Mechanism

Funding to support the review and updating of implementation plans for those Parties eligible to receive such funding should be sought through the financial mechanism of the Convention.

Evaluation of the Financial Mechanism of the Montreal Protocol Executive Summary, Meeting of the Parties to the Montreal Protocol on Substances that Deplete the Ozone Layer, UNEP OzL.Pro.16 11 (2004), http www.unep.org ozone Meeting_Documents mop 16mop 16mop 11.e.pdf.