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VII - The Environment Fund Administrative and Other Financial Matters

1. As decided by the Council at the lst meeting of the session (see chapter I, para. 14, above), agenda item 8 was discussed in the Fund Committee. The Committee's report on its discussions is reproduced as annex III to the present proceedings.

2. Having taken note of the report of the Committee and having considered the draft decisions approved by it

(UNEP/GC.16/L.19), the Council, at its 8th plenary meeting, on 31 May, adopted a number of decisions on matters

falling under this item (decisions 16/44 to 16/47). The text of these decisions is included in annex I to the present proceedings, and their process of adoption, including any comments made at the time, is recorded in chapter II, paras. 121-125, above.