ENB:09:06
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OTHER MECHANISMS AND PLACEMENT:
WWF called for the GEF to be
but one element of the Convention's financing mechanism. The
Environmental Defense Fund, on behalf of several NGOs, noted the
Expert Panel's recommendation to consider a centralized mechanism
within the COP, like the Montreal Protocol Fund. Canada spoke on
developing countries' access to information and funds from other
sources, such as development agencies and regional banks. After
asking about the relationship of these sources to the COP and their
responsibility to the Convention, Canada proposed that a meeting
between multilateral and key bilateral financial institutions and
the ICCBD should occur in context of the next meeting of the ICCBD
and that the Secretariat should plan the meeting.