The GEF Council, on 26 May, approved the role of the Secretariat as operator of a new voluntary fund to assist developing countries to ratify and implement the Nagoya Protocol under CBD. Japan reaffirmed its pioneer contribution of 1 billion Yen (approximately US$12 million) and additional declarations of support were made by France, Norway and Switzerland. See the decision on Agenda Item 16 in the “Joint Summary of the Chairs”.
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