Amendments to the Instrument For The Establishment Of The Restructured Global Environment Facility

Filename: 2006-Amendment-1994-InstrumentEstablishmentRestructuredGlobalEnvironmentFacility.EN.txt

Amendments to the Instrument For The Establishment Of The Restructured Global Environment Facility

Source: http://www.thegef.org/gef/sites/thegef.org/files/documents/Chair_Summary..., downloaded 20140214

Appendix: Decision of the Assembly

The Third GEF Assembly,

Recalling paragraph 34 of the Instrument for the Establishment of the Restructured Global Environment Facility,

Having considered the recommendations of the GEF Council for proposed amendments to the Instrument,

1. Approves by consensus the following amendment to the Instrument:

Paragraph 17 of the Instrument should be amended to read:

“The Council shall meet semi-annually or as frequently as necessary to enable it to discharge its responsibilities. The Council shall meet at the seat of the Secretariat unless the Council decides otherwise. Two-thirds of the Members of the Council shall constitute a quorum.”

2. Invites the CEO/Chairperson of the Facility to submit this amendment to the Implementing Agencies and the Trustee and to request that they adopt the amendment in accordance with their respective rules and procedural requirements

3. Invites the CEO/Chairperson of the Facility to inform all Participants of the effectiveness of the amendment once the Implementing Agencies and the Trustee have approved it.