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SUBSIDIARY BODY ON IMPLEMENTATION (SBI)

The first meeting of the SBI took place from 31 August - 1 September 1995 in Geneva. The SBI addressed: communications from Annex I Parties; a progress report on in-depth review; institutional and budgetary matters; matters relating to the financial mechanism; and the elaboration and scheduling of the programme of work for 1996-1997. Delegates rapidly adopted the SBI's work programme and recommended that the COP adopt the draft Memorandum of Understanding with the GEF as the financial mechanism, and proposed a draft decision on this item to be adopted by the COP at its second session. (See Earth Negotiations Bulletin Vol. 12 No. 23.)