Draft report on the operation of the Financial Mechanism since 1 January 1991
141. The Executive Committee instructed the Secretariat to request the Consultant to restructure and expand the document to report on progress, processes and issues and to address the following points:
(i) the project cycles should be emphasized and presented in the following format: proposal development, project approval, and implementation phases. Also, additional information on UNEP and UNIDO project cycles should be included;
(ii) this approach should include the use of flow charts applicable to all implementing agencies, including their relationship to the Executive Committee, to illustrate the process graphically;
(iii) a separate section should be included identifying issues encountered, resolved, and outstanding;
(iv) the report should be clearly distinguished from the review mandated in Part II, paragraph 4 of decision IV/18 of the Fourth Meeting of the Parties.
142. The Executive Committee further decided that the working draft would be submitted to Executive Committee members within four weeks, by courier, for written comments to be returned within 10 working days of receipt.
143. Such timing was essential in order to prepare a final draft in the working languages of the Executive Committee for review by the Executive Committee members in advance of the Tenth Meeting.
144. The Executive Committee requested the Secretariat to ensure that, in future, terms of reference for reports of this nature be circulated to all members of the Executive Committee.