The session organised on the fringes of the climate change conference brought together representatives of UNEP member countries, various United Nations bodies including the Convention on Climate change, the World Environment Fund
, the United Nations Development Programme (UNDP) and non-governmental organisations.
A proposal has been forwarded to open a special "box" for this purpose within the World Environment Fund
, rather than to create a brand new fund.
Those programs treat the multiplicity of environmental problems that the country faces, and many have taken advantage of external financing from the World Bank, the Inter-American Development Bank, the World Environment Fund
, the UN Development Program, and other funding sources.
It is a World Environment Fund
(WEF) project, financed by a donation worth $1.
The conference will include Saudi Oil Minister Ali Al Nuaimi, Egyptian Marine Resources Minister Mahmood Abu Zaid, Jordanian Environment Minister Khalid Al Irani, GCC general-secretary Abdul Rahman Al Attiyah, former Jordanian Prime Minister Adnan Badran, Abu Dhabi Executive Council general secretary Mohammed Al Bawardi, Opec International Development Fund general manager Sulaiman Al Harbash and the former World Environment Fund
former chief executive Mohammed Al Eshari.
Given the importance of the challenges that need to be addressed in these regions, the issue of funding and interventions by international and European financial institutions - World Environment Fund
, World Bank, European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB) - could not be avoided.
The programme will be underwritten by the Swedish International Development Agency (SIDA) and the World Environment Fund
, with a contribution from the World Bank.