Financial Mechanisms
With reference to decision SS.VII/1, the plan should be implemented through a combination of voluntary financial mechanisms and options that would provide additional resources. The financial mechanisms should be transparent, accountable and consistent with the financial rules of the Environment Fund. Funding should be stable, adequate and predictable.
34. In order to reflect the mainstreaming of technology support and capacity
-
building within UNEP, the Governing Council should use the Environment Fund for these activities, taking in to account the evolving nature of funding requirements, including at the regional level. Resources allocated for these activities should be predictable and support other programme elements. United Nations Member States
should consider increasing their con
tributions to the Environment Fund. In this regard they could
consider various voluntary mechanisms, as envisaged in decision SS.VII/1.
35.
As called for by decision SS.VII/1, a strategic partnership between UNEP and GEF will be developed and submitted for adoption by the Governing Council/Global Ministerial Environment Forum and the GEF Council. This partnership would contribute to furthering the goals of the plan.
36. Implementation of the plan will also depend on the mobilization of resources from other sources, including public - private partnerships. These partnerships should complement and not replace intergovernmental commitments.