SC Item 5 (g): Financial resources and mechanisms BC Item 4 (f); RC Item 5 (e): Financial resources
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1 Regional preparatory meeting for the 2017 meetings of the conferences of the Parties to the Basel, Rotterdam and Stockholm conventions SC Item 5 (g): Financial resources and mechanisms BC Item 4 (f); RC Item 5 (e): Financial resources UNEP 3/10/2017 1
2 Financial resources and mechanisms Part I: Financial mechanism of the Stockholm Convention Part II: Financial resources under the Basel, Rotterdam and Stockholm conventions 3/10/2017 2
3 Part I: Financial mechanism of the Stockholm convention Relevant documents UNEP/POPS/COP.8/18: Financial mechanism UNEP/POPS/COP.8/INF/27: Activities funded by the Global Environment Facility in the context of the Stockholm Convention that also address relevant priorities of the Basel and Rotterdam conventions UNEP/POPS/COP.8/INF/28: Report of the Global Environment Facility to the Conference of the Parties to the Stockholm Convention on Persistent Organic Pollutants at its eighth meeting UNEP/POPS/COP.8/INF/29: Co-financing policy of the Global Environment Facility UNEP/POPS/COP.8/INF/30: Draft report on the fourth review of the financial mechanism UNEP/POPS/COP.8/INF/31: Compilation of submissions received by the Secretariat on ways in which to support the Stockholm Convention UNEP/POPS/COP.8/INF/32: Report on the assessment of funding needs of parties that are developing countries or countries with economies in transition to implement the Convention over the period UNEP/POPS/COP.8/INF/33: Compilation of submissions from Parties to the Stockholm Convention on Persistent Organic Pollutants regarding the assessment of funding needs for the period UNEP/POPS/COP.8/INF/61: Submission by the GEF on the outcomes of the independent evaluation of the chemicals and wastes focal area 3/10/2017 3
4 Part I: Financial mechanism of the Stockholm convention Content of document /18: Guidance from the COP to the GEF Council: Elements of guidance from the Stockholm Convention to the GEF that also address relevant priorities of the Basel and Rotterdam conventions Newly proposed additional guidance, including priority areas for GEF-7 programming (emerging from the EE) Consolidation of guidance after COP-8 Monitoring and evaluation: Independent consultant company hired to undertake the fourth review of the financial mechanism Report on the review (INF/32), executive summary (annex II to doc/18); 3/10/2017 4
5 Part I: Financial mechanism of the Stockholm convention Content of document/18 (cont.): Reporting Report from the GEF Council to the COP (INF/28), with executive summary (annex I to doc /18) Cooperation between the secretariats and reciprocal representation Needs Assessment for the period Team of two independent experts hired to undertake the assessment Full report (INF/30), executive summary (annex III to doc/18) Focus on legacy POPs due to lack of information on newly listed POPs 3/10/2017 5
6 Part I: Financial mechanism of the Stockholm convention Funding needs for the period , adjusted by projects funded by the GEF in the past (in USD) Chemical group Quantities reported Funding needs Pesticides 63,921 tons 521,674,315 PCBs 2,081,077 tons 4,505,050,300 DDT 13,277 tons 90,009,740 U-POPs 396,565 g-teq/a 29,750,000 Country-level activities not allocated to any specific chemical group n/a 33,750,000 Subtotal 5,180,234,355 Projects funded by the Global Environment Facility (807,001,031) Total 4,373,233,324 3/10/2017 6
7 Part I: Financial mechanism of the Stockholm Convention Proposed action Adopt newly proposed additional guidance to the GEF Welcome the reports of the GEF and the fourth review of the financial mechanism Take note of the report on the assessment of funding needs for the period Request Secretariat to submit to the GEF all abovementioned guidance and reports as input to the negotiations for the seventh replenishment of the GEF Trust Fund 3/10/2017 7
8 Part II. Financial resources under the Basel, Rotterdam and Stockholm conventions Relevant documents UNEP/CHW.13/INF/40-UNEP/FAO/RC/COP.8/INF/44- UNEP/POPS/COP.8/INF/35: Integrated approach to financing UNEP/CHW.13/INF/41-UNEP/FAO/RC/COP.8/INF/45- UNEP/POPS/COP.8/INF/36: Report from UNEP on the implementation of the Special Programme 3/10/2017 8
9 Part II. Financial resources under the Basel, Rotterdam and Stockholm conventions Content Report of the Secretariat on its activities in support of the implementation of the integrated approach on financing chemicals and wastes (Joint BC/INF/40-RC/INF/44-SC/INF/35) Report from UNEP on the implementation of the Special Programme on institutional strengthening at the national level Proposed action Take note of the information provided 3/10/2017 9
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