WORKING GROUP I: Before the Working Group completes discussion on item 1, "Conservation and sustainable use of biodiversity," the Chair has set aside 30 minutes for delegates to respond to yesterday's presentations by UNDP, UNEP and the World Bank. The next item to be taken up will be "Scientific and technical work between meetings." Depending on how expeditiously the Working Group proceeds through the day's agenda, there may be an evening session scheduled for 8:00 pm tonight.
WORKING GROUP II: Working Group II will meet for morning and afternoon sessions to continue discussion of the characteristics of the institution operating the financial mechanism and the process for developing an evaluation framework to propose to the COP. If time permits the group will examine the process to estimate funding needs and to select the institution to operate the financial mechanism. Look for the G-77 to present their statement on the GEF in response to the EC intervention yesterday.