Seventh Ad Hoc Advisory Committee on the Funding Strategy

 At its Fourth Session, the Governing Body of the International Treaty decided to reconvene the Ad Hoc Advisory Committee on the Funding Strategy, with the following terms of reference:

i. advise the Governing Body on resource mobilization efforts;
ii. advise the Governing Body on the operation of the Benefit-sharing Fund, including on:
- design and structure of the next call for proposals;
- appraisal of pre-proposals;
- support the work of the Bureau in screening the pre-proposals;
- review of implementation of project portfolio funded by the first and second rounds of the project cycle of the Benefit-sharing Fund;
- review of the Operational Procedures of the Benefit-sharing Fund;
iii. advise the Governing Body on the monitoring of the implementation of the overall Funding Strategy;
iv. search for ways to make the operations of the Committee as cost-effective as possible, inter alia, by making optional use of electronic communications;
v. report on the progress of its work to the Governing Body at its Fifth Session.