Decision COP IX/31
Financial mechanism
A. Third review of the effectiveness of the financial mechanism
2. Decides to continue to explore ways and means to improve the effectiveness of providing guidance to the financial mechanism, including the four-year framework for programme priorities related to utilization of GEF resources for biodiversity, coinciding with replenishments of the Trust Fund of the Global Environment Facility;
3. Requests the Council of the Global Environment Facility to take the following actions in order to improve the effectiveness of the financial mechanism:
(d) Address capacity constraints in developing countries Parties, especially Small Island developing States and least developed countries, as well as countries with economies in transition with regard to the implementation of the Resource Allocation Framework;
4. Encourages the Executive Secretary, the Chief Executive Officer of the Global Environment Facility and the Director of the GEF Evaluation Office to continue to strengthen inter‑secretariat cooperation;
5. Requests the Executive Secretary, for consideration by the tenth meeting of the Conference of the Parties:
(c) To prepare, in consultation with the Parties, draft terms of reference for a full assessment of the amount of funds needed for the implementation of the Convention for the sixth replenishment period of the Trust Fund of the Global Environment Facility;
6. Requests the Executive Secretary to prepare, in consultation with the GEF Council, a proposal on the terms of reference including cost options for the fourth review of the effectiveness of the financial mechanism, for consideration by the tenth meeting of the Conference of the Parties.
B. Input to the fifth replenishment of the financial mechanism
Taking note of the elements for the four-year (2010-2014) framework for programme priorities related to utilization of GEF resources for biodiversity, which were based on the existing guidance, the Strategic Plan of the Convention, national biodiversity strategies and action plans, GEF-4 strategy for biodiversity focal area, as well as findings of the Millennium Ecosystem Assessment,
1. Encourages the Executive Secretary to maintain and strengthen the dialogue with the Chief Executive Officer of the Global Environment Facility with a view to enhancing the implementation of the guidance adopted by the Conference of the Parties during the fourth replenishment period of the Facility and onwards;
2. Encourages collaboration at national level between national focal points for the Convention, for related environmental agreements and for the Global Environment Facility, including through the projects supported by the Facility, and invites the Global Environment Facility to continue to promote such collaboration, including through regional and national workshops for the focal points;
3. Suggests the the four-year framework of programme priorities, as annexed to the present decision, for consideration during the fifth replenishment of the Global Environment Facility Trust Fund, as related to utilization of Global Environment Facility resources for biodiversity for the period from 2010 to 2014;
4. Acknowledges the GEF-4 strategy for biodiversity is a useful starting point for GEF-5 and requests GEF, for the fifth replenishment period, to build on the GEF-4 strategy based on the the four-year framework of programme priorities in the annex to the present decision.
- Body
- Conference of the Parties (COP)
- Meeting
- COP-0919 - 30 May, 2008Bonn, Germany
- Elements of decision
- 21 1 Informational 20 Operational
- Actors
- 22 15 Global Environment Facility 7 Executive Secretary of the Convention on Biological Diversity
- Decision document
- IX/31Financial mechanism