The Voluntary Indicative Scale of Contributions: A Tailor-made Tool for Environment Fund Contributions

The VISC is an amount of the Environment Fund budget that each Member State is requested to contribute, taking into account the country’s specific socio-economic circumstances. It is a tool that helps share the funding responsibility according to the capacity of each Member State to pay, in alignment with the principle of a common but shared responsibility. The starting point for developing the VISC is the UN Scale of Assessments, approved by the Member States at the UN General Assembly, applied to the Environment Fund budget. This is the minimum requested from each Member State each year. The previous high level of contributions. This applies to all the Member States who have contributed more than the UN Scale of Assessments would warrant. UNEP uses the previous 3 years for assessing this to be realistic.

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Additional Info

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Source https://wedocs.unep.org/20.500.11822/39570
Author Corporate Services Division
Maintainer Corporate Services Division
Last Updated January 25, 2023, 16:19 (UTC)
Created January 25, 2023, 16:19 (UTC)
GUID 06a2c46f-0b76-40eb-91df-5477b36c5c94
Issued 2022-03-17T14:40:56Z
Language English
Modified 2022-10-17 17:14:04.157
Publisher name Corporate Services Division
Theme Factsheets, Infographics and Brochures
data_type document
spatial Global