Document Summary


Decision B.11/13

Having considered the recommendation of the Ethics and Finance Committee, the Adaptation Fund Board  decided to recommend to the sixth session of the Conference of the Parties serving as the Meeting of the Parties to the Kyoto Protocol (CMP) that the interim services of the trustee be extended until three months after the ninth session of the CMP, to be held in 2013, unless the CMP decided otherwise, in order to allow sufficient time for the Board and the CMP to consider and act upon the review of the administrative arrangements of the Adaptation Fund, and in consideration of the time required to complete the process of selection, negotiation and execution of an agreement with any trustee that would serve beyond the interim period. The amendments to the current Terms and Conditions would become effective and constitute an agreement between the CMP and the World Bank once adopted and accepted through decisions by the CMP and the Executive Directors of the World Bank.



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