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Advancing More, Better and Faster Financing for Biodiversity and Ecosystem Services

Accountability of the Financial Mechanism

Basis for action:

“The Council will prepare and submit a report for each ordinary meeting of the Conference of the Parties” … MOU, paragraph 3.1

The accountability of the financial mechanism to the Conference of the Parties is ensured through a report from the financial mechanism to the ordinary meeting of the Conference of the Parties. In accordance with the agreement between the two governing bodies, the reports will include specific information on how the GEF Council, its Secretariat and its Implementing and Executing Agencies have applied the guidance and implemented the policy, strategies, programme priorities and eligibility criteria determined by the Conference of the Parties, as well as any other decision of the Conference of the Parties communicated to GEF, under Article 21 of the Convention. The Council should also report on its monitoring and evaluation activities concerning projects in the biodiversity focal area.

The Conference of the Parties is particularly interested in detailed information on the GEF biodiversity focal area, including:
  1. Information on how GEF has responded to the guidance provided by the Conference of the Parties as described by paragraph 2, including, where appropriate, through its incorporation in the GEF operational strategy and operational programmes;
  2. The conformity of the approved work programmes with guidance of the Conference of the Parties;
  3. A synthesis of the different projects under implementation and a listing of the projects approved by the Council in the biodiversity focal area, as well as a financial report with an indication of the financial resources allocated to these projects;
  4. A list of project proposals submitted for approval to the Council, through the GEF Implementing Agencies, by eligible Parties, including reporting on their approval status and, in cases of projects not approved, the reasons therefore;
  5. A review of the project activities approved by GEF and their outcomes, including information on funding and progress in implementation; and
  6. Additional financial resources leveraged by GEF for the implementation of the Convention.

The GEF Council may also provide information on other matters concerning the discharge of its functions under Article 21, paragraph 1, as may be requested by the Conference of the Parties. If the Council has difficulties in responding to any such request, it will explain its concerns to the Conference of the Parties and the Conference of the Parties and the Council will find a mutually agreed solution.

The Conference of the Parties may raise with the Council any matter arising from the reports received. For instance, the funding decisions for specific projects should be agreed between the developing country Party concerned and GEF in accordance with policy, strategy, programme priorities and eligibility criteria established by the Conference of the Parties. The GEF Council is responsible for approving the GEF work programmes. If a Party considers that a decision of the Council regarding a specific project was not made in compliance with the policies, programme priorities and eligibility criteria established by the Conference of the Parties in the context of the Convention, the Conference of the Parties should analyse the observations presented to it by the Party and take decisions on the basis of compliance with such policy, strategy, programme priorities and eligibility criteria. In the event that the Conference of the Parties considers that this specific project decision does not comply with the policy, strategy, programme priorities and eligibility criteria established by the Conference of the Parties, it may ask the GEF Council for further clarification on the specific project decision.

The official languages of the Global Environment Facility are English, French and Spanish, and the official languages of the United Nations also include Arabic, Chinese and Russian. Decision X/24 sets out that the report from the Council of the Global Environment Facility to the Conference of the Parties should be made available three months prior to an ordinary meeting of the Conference of the Parties as well as with updates as appropriate, and in accordance with rules 28 and 54 of the Rules of Procedure for meetings of the Conference of the Parties, the Executive Secretary should make it available in all six United Nations languages.

Further readings

COP 2 Report of the Global Environment Facility (UNEP/CBD/COP/2/8; 21 August 1995) (en)

COP 3 Report of the Global Environment Facility (UNEP/CBD/COP/3/5; 18 September 1996) (en es fr ar ru)

COP 4 Report of the Global Environment Facility (UNEP/CBD/COP/4/15; 27 February 1998) (en es fr)

COP 5 Report of the Global Environment Facility (UNEP/CBD/COP/5/7; 14 December 1999) (en es fr zh)

COP 6 Report of the Global Environment Facility (UNEP/CBD/COP/6/9; 12 February 2002) (en es fr)

COP 7 Report of the Global Environment Facility (UNEP/CBD/COP/7/9; 17 December 2003) (en es fr)

COP 8 Report of the Global Environment Facility (UNEP/CBD/COP/8/10; 6 February 2006) (en es fr ar ru zh)

COP 9 Report of the Global Environment Facility (UNEP/CBD/COP/9/9; 2 May 2008) (ar en es fr ru zh)

COP 10 Report of the Global Environment Facility (UNEP/CBD/COP/10/6; 2 August 2010) (ar en es fr ru zh)

COP 11 Report of the Global Environment Facility (UNEP/CBD/COP/11/8; 17 September 2012)(ar en es fr ru zh)

  • United Nations
  • United Nations Environment Programme