POLICIES, STRATEGIES AND ELIGIBILITY CRITERIA:
Due to the
highly political and sensitive nature of the policies, strategies
and eligibility criteria, these issues were discussed in general
terms and then shelved until the COP. No recommendations were
developed. Discussion of measures to ensure that the mechanism
functions under the authority of, and be accountable to, the COP,
in accordance with Article 21, produced divergent opinions.
Australia, Zimbabwe, the US and the UK recommended that the
institution chosen should report to the COP and should not be
micro-managed. Pakistan, the Bahamas and Malaysia supported the
creation of an intermediary body that would evaluate how the COP's
guidance is being adhered to. There was general agreement that the
mechanism should operate within a democratic system of governance.
The definition of the term "full incremental cost" was not
With respect to eligibility, the Convention provides for access to
financial resources under the Convention for "developing
countries." Many States, both developed and developing, did not see
the determination of what is a "developing country" as an
appropriate exercise for the ICCBD. Also the question of
eligibility for access to grants vis a vis concessional
financing was left to the COP.