Decision COP X/24

The Conference of the Parties,

Recalling the decisions and elements of decisions related to the financial mechanism that were adopted by the Conference of the Parties from its first to ninth meetings,

Having considered recommendation 3/10 of the third meeting of the Ad Hoc Open-ended Working Group on Review of Implementation,

1. Adopts the consolidated list of guidance to the financial mechanism, including programme priorities, as contained in the annex to the present decision;

2. Agrees to retire the previous decisions and elements of decisions, as related to the financial mechanism and limited only to those provisions related to the financial mechanism;

3. Requests the Executive Secretary to maintain the full text of these retired decisions and elements of decisions on the Secretariat website while indicating they have been retired;

4. Decides that guidance to the financial mechanism, for a specific replenishment period,consists of a consolidated list of programme priorities that defines what to be financed, and an outcome oriented framework, taking into account the Strategic Plan for Biodiversity 2011-2020, including its Aichi Biodiversity Targets and associated indicators;

5. Invites Parties and relevant stakeholders, including indigenous and local communities, to submit information and views on the further development of programme priorities, taking into account the Strategic Plan for Biodiversity 2011-2020, including its Aichi Biodiversity Targets and associated indicators, by 30 November 2011, and requests the Executive Secretary to compile the information for consideration by the fourth meeting of the Ad Hoc Open-ended Working Group on Review of Implementation;

6. Requests the Ad Hoc Open-ended Working Group on Review of Implementation to review the implementation at its fourth meeting of the four-year outcome-oriented framework of programme priorities as related to utilization of Global Environment Facility resources for biodiversity for the period from 2010 to 2014, taking into account the Strategic Plan for Biodiversity 2011-2020, including its Aichi Biodiversity Targets and associated indicators;

7. Decides that at its eleventh meeting, the Conference of the Parties will adopt a four-year outcome-oriented framework of programme priorities, taking into account the Strategic Plan for Biodiversity 2011-2020, including its Aichi Biodiversity Targets and associated indicators, as well as the outcome of the review, for consideration during the sixth replenishment of the Global Environment Facility Trust Fund, as related to utilization of Global Environment Facility resources for biodiversity for the period July 2014 to June 2018.