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Trust funds (decisions 19/24 A and B)

Management of trust funds (decision 19/24 A)

83. At the same meeting, the Governing Council had before it a draft decision on this subject (UNEP/GC.19/L.46), which had been approved by the Committee of the Whole on the basis of draft decision UNEP/GC.19/L.2/Rev.1, which revised a draft decision on the same subject submitted by the Committee of Permanent Representatives.

84. The draft decision was adopted by consensus.

Management issues and the cost of administering trust funds

(decision 19/24 B)

85. At the same meeting, the Governing Council had before it a draft decision on this subject (UNEP/GC.19/L.47), which had been approved by the Committee of the Whole on the basis of an informal draft submitted by the representative of the United States of America, as revised at the suggestion of the secretariat. The draft replaced draft decision UNEP/GC.19/L.12 submitted by the Committee of Permanent Representatives.

86. The draft decision was adopted by consensus.

87. Following the adoption of the decision, the Executive Director said that its implementation would involve financial implications of an additional $50,000 over and above the allocation for 1998-1999 Fund programme activities. UNEP would seek counterpart funding to enable the activity to be completed within the given timeframe.