Resolution V/3: Financial considerations

Resolution V/3: Financial considerations

The Conference,
Having incorporated financial considerations within the text of the Global Framework on Chemicals – For a Planet Free of Harm from Chemicals and Waste,
1.    Welcomes the prompt launching of the implementation of the Global Framework on Chemicals – For a Planet Free of Harm from Chemicals and Waste; 
2.    Requests the secretariat, in collaboration with the Inter-Organization Programme for the Sound Management of Chemicals and all relevant stakeholders, to assess the existing financial and investment flows as well as financial needs associated with the implementation of the Global Framework on Chemicals – For a Planet Free of Harm from Chemicals and Waste, including information on domestic accounting. This assessment could inform stakeholders’ discussions at the next session of the Conference;
3.    Welcomes the financial and non-financial contributions of the private sector, including and beyond the chemical industry, to the sound management of chemicals and waste to date and encourages their commitment to achieving the objectives of the Global Framework on Chemicals – For a Planet Free of Harm from Chemicals and Waste; 
4.    Invites relevant participating organizations of the Inter-Organization Programme for the Sound Management of Chemicals to update the existing costs of inaction report, [1] taking into account quality-assured new research and the latest information relating to economic and social costs of unsound management of chemicals and waste at the national, regional and international levels;

Global Environment Facility
5.    Welcomes with appreciation the robust increases in the chemicals and waste focal area made by donors to the eighth replenishment of the Global Environment Facility, including to support progress towards the objectives of the Global Framework on Chemicals – For a Planet Free of Harm from Chemicals and Waste;
6.    Encourages the Global Environment Facility to continue to assist recipient countries in accessing resources for the sound management of chemicals and waste in a timely and efficient manner, including through reporting on projects that support the sound management of chemicals and waste at meetings of the Facility’s Council through their relations with conventions and other institutions’ agenda items;
7.    Encourages Governments, as part of the ninth replenishment of the Global Environment Facility, to duly consider ways to increase the financial resources allocated for the implementation of the Global Framework on Chemicals – For a Planet Free of Harm from Chemicals and Waste;

Special Programme
8.    Welcomes with appreciation the decision taken by the United Nations Environment Assembly at its fifth session, in its resolution 5/7, to extend the duration of the Special Programme to support institutional strengthening at the national level for the implementation of the Basel, Rotterdam and Stockholm conventions, the Minamata Convention and the Strategic Approach to International Chemicals Management for a period of five years, and to include the Strategic Approach and the sound management of chemicals and waste beyond 2020 in the Special Programme;
9.    Encourages States members of the United Nations Environment Assembly to consider reviewing the terms of reference of the Special Programme to support institutional strengthening at the national level for the implementation of the Basel, Rotterdam and Stockholm conventions, the Minamata Convention and the Global Framework on Chemicals – For a Planet Free of Harm from Chemicals and Waste at its next session, taking into consideration the need for the implementation of the Framework;

Global Framework on Chemicals Fund 
10.    Decides to establish a Global Framework on Chemicals Fund for supporting the Global Framework on Chemicals – For a Planet Free of Harm from Chemicals and Waste, building on the outcomes of the fifth session of the International Conference on Chemicals Management; 
11.    Also decides to adopt the terms of reference of the Fund, as set out in the annex to the present resolution, on a provisional basis; 
12.    Decides that the objective of the Global Framework on Chemicals Fund is to support implementation activities in developing countries, least developed countries, small island developing States and countries with economies in transition; 
13.    Calls for the Global Framework on Chemicals Fund to include a United Nations Environment Programme trust fund and multilateral, bilateral and other forms of cooperation; 
14.    Invites Governments in a position to do so; regional economic integration organizations; intergovernmental organizations; the private sector, including industry; foundations and non-governmental organizations; and other stakeholders to contribute to the Global Framework on Chemicals Fund; 
15.    Adopts the strategic priorities for the Global Framework on Chemicals Fund as set out in the annex to the present resolution; 
16.    Invites the Executive Director of the United Nations Environment Programme to establish a time-limited voluntary trust fund to provide resources to support the objectives of the Fund in accordance with the terms of reference set out in the annex to the present resolution;
17.    Decides that at its next session the Conference of the Global Framework on Chemicals – For a Planet Free of Harm from Chemicals and Waste will review the provisionally adopted terms of reference of the Global Framework on Chemicals Fund, taking into account the assessment referred to in paragraph 2 above;
18.    Invites Governments in a position to do so; regional economic integration organizations; the private sector, including industry; foundations and non-governmental organizations; and other stakeholders to contribute to the voluntary trust fund; 
19.    Decides to establish the Global Framework on Chemicals Fund Executive Board, consisting of two national Government representatives of each United Nations region and representatives of all the bilateral and multilateral donors and other contributors to the Global Framework on Chemicals Fund; 
20.    Requests the secretariat of the Global Framework on Chemicals – For a Planet Free of Harm from Chemicals and Waste to facilitate meetings of the Global Framework on Chemicals Fund Executive Board; 
21.    Decides that, at each session of the Conference, two national Government representatives of each United Nations region will be appointed to the Global Framework on Chemicals Fund Executive Board for the following intersessional period; 
22.    Welcomes the contributions to the Global Framework on Chemicals Fund transferred from the Quick Start Programme Trust Fund and those already offered by the Governments of Germany and France.

 

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[1] United Nations Environment Programme, Costs of Inaction on the Sound Management of Chemicals (2013). Available at -Costs of inaction on the sound management of chemicals-2013Report_Cost_of_Inaction_Feb2013.pdf (unep.org).
 

Annex to resolution V/3

Terms of reference of the Global Framework on Chemicals Fund for the Global Framework on Chemicals – For a Planet Free of Harm from Chemicals and Waste

A.    Administering organization 
1.    The Executive Director of the United Nations Environment Programme is invited to establish and manage a trust fund to support the Global Framework on Chemicals – For a Planet Free of Harm from Chemicals and Waste. The Framework secretariat will provide administrative support to the trust fund. This trust fund to support the Global Framework for Chemicals – For a Planet Free of Harm from Chemicals and Waste shall be separate from the existing trust fund used for the expenses of the Framework secretariat and the intergovernmental process.

B.    Objective 
2.    The trust fund will provide resources to support the objective and strategic priorities of the Global Framework on Chemicals – For a Planet Free of Harm from Chemicals and Waste.

C.    Time limit 
3.    The trust fund will be open to receive voluntary contributions for five years from the date on which it is established by the Executive Director. Funds may be disbursed for a maximum of seven years from that date.

D.    Strategic priorities 
4.    The Global Framework on Chemicals Fund should mobilize resources for national priority activities in keeping with the work areas set out in the strategic objectives and targets of the Global Framework on Chemicals – For a Planet Free of Harm from Chemicals and Waste.

E.    Sources of financing 
5.    Contributions shall be encouraged from Governments, regional economic integration organizations, the private sector, including industry, foundations, other non-governmental organizations and other stakeholders.

F.    Eligibility rules 
6.    Developing countries and countries with economies in transition will be eligible for support. Approval of projects meeting the objectives outlined in the Global Framework on Chemicals – For a Planet Free of Harm from Chemicals and Waste will take into account considerations related to geographic and sectoral balance and will pay particular attention to urgent needs and the requirements of least developed countries and small island developing States. 
7.    Project proposals may be presented by those Governments participating in the Global Framework on Chemicals – For a Planet Free of Harm from Chemicals and Waste that have endorsed or given other appropriate formal recognition of and support for the Framework, through the relevant Governments. Project proposals must contain full justification for the amount sought. 
8.    On an exceptional basis and with regard to the resources and administrative capacity available, representatives of civil society networks participating in the Global Framework on Chemicals – For a Planet Free of Harm from Chemicals and Waste shall also be eligible to present project proposals, subject to endorsement by the countries hosting the projects.

G.    Project assessment and approval 
9.    The participating organizations of the Inter-Organization Programme for the Sound Management of Chemicals may provide technical assistance in the development of project proposals when requested to do so by project proponents. 
10.    Project proposals will be country-driven and will be submitted to the Framework secretariat and screened for completeness and eligibility. 
11.    Screened projects will be submitted by the secretariat of the Global Framework on Chemicals – For a Planet Free of Harm from Chemicals and Waste to the Executive Board of the Fund for appraisal and approval. 
12.    Independent monitoring and evaluation and reporting on project implementation to the Global Framework on Chemicals Fund Executive Board will be the responsibility of project proponents.

H.    Guidance by the Executive Board 
13.    The Global Framework on Chemicals Fund Executive Board will review reports on project implementation, as well as from the Executive Director of the United Nations Environment Programme on the financial resources and administration of the trust fund, and provide guidance and take decisions thereon. 
14.    The Global Framework on Chemicals Fund Executive Board will report to the Conference at its regular sessions on the operations of the Fund.

I.    Accounts and audit 
15.    The accounts and financial management of the Global Framework on Chemicals Fund shall be subject to the internal and external audit process of the United Nations. Accounts for the trust fund shall be presented to the Executive Board as soon as possible after the financial period is closed and shall also be considered by the Conference. 
 

Text of Resolution V/3 (downloadable pdf)
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