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IN THE CORRIDORS II

A contact group of the SBI failed to agree on a draft decision, SBI Agenda Item 4(a)(ii), defining the Annex to the Memorandum of Understanding between the COP and the GEF Council. The Annex is intended to specify funding necessary to implement the FCCC. According to observers, a compromise measure requesting the COP to work out funding requirements in consultation with the GEF was rejected. The matter will be taken up by the Bureau.