ENB:04:55
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NO NEW FINANCIAL RESOURCES:
Perhaps the most concrete
shortcoming of the Convention, according to many developing
countries, was the lack of commitment for new and additional
resources. During the finance negotiations, the G-77 stressed the
need for a desertification fund as well as new and additional
financial resources. On the other hand, donors were only prepared
to discuss such matters as increasing the efficiency of current aid
flows. Even with the increased coordination and efficiency that may
result from the operation of the Global Mechanism, some felt that
the monies freed up would not fully meet the large-scale costs
needed to combat desertification and mitigate the effects of
drought. Given the realities of national sovereignty and
international law, the most that could be achieved was the
articulation of a framework for action to be taken at the national,
subregional or regional levels. Even the regional annexes were not
able to set out specifics. As such, an international convention may
not have been best vehicle to bring about the concrete changes
needed at the regional and national levels to effectively combat
desertification.