{"disclaimer":"Transcripts available through this tool are created by using automatic speech recognition and are not official records nor official documents of the United Nations. Official records and official documents are available on the Official Document System of the United Nations.","url":"https://transcripts.un.org/en/asset/k12/k12szhi6jy","llms":{"note":"Plain-text sibling of this page, compact for LLM context. For the full API guide (search, listing, URL grammar) see /llms.txt.","textUrl":"/en/asset/k12/k12szhi6jy.txt","guide":"/llms.txt"},"video":{"id":"k12/k12szhi6jy","kaltura_id":"1_2szhi6jy","title":"Preparatory Commission: Agreement on Marine Biological Diversity of Areas beyond National Jurisdiction (Third Session, Informal Working Group)","clean_title":"Preparatory Commission: Agreement on Marine Biological Diversity of Areas beyond National Jurisdiction (Third Session, Informal Working Group)","url":"https://webtv.un.org/en/asset/k12/k12szhi6jy","date":"2026-03-27T00:00:00.000Z","scheduled_time":"2026-03-27T14:00:00.000Z","status":"finished","duration":"02:10:05","category":"General Assembly","body":"General Assembly","event_code":null,"event_type":null,"session_number":null,"pv_symbol":null,"pv_part":null,"slug":"asset/k12/k12szhi6jy"},"metadata":{"summary":"Item 5 (continued)Arrangements for the functioning of the secretariat, including its seat (Cluster I, Issue 4)","description":"The Agreement under the United Nations Convention on the Law of the Sea on the Conservation and Sustainable Use of Marine Biological Diversity of Areas beyond National Jurisdiction (BBNJ Agreement) was adopted on 19 June 2023 by the Intergovernmental Conference on Marine Biodiversity of Areas Beyond National Jurisdiction convened under the auspices of the United Nations, and entered into force on 17 January 2026. The General Assembly established, in resolution 78/272, a Preparatory Commission to prepare for the entry into force of the Agreement and to prepare for the convening of the first meeting of the Conference of the Parties to the Agreement.","categories":["Meetings & Events","General Assembly","Subsidiary organs of the General Assembly","Marine biological diversity beyond areas of national jurisdiction"],"geographic_subject":[],"subject_topical":["ENVIRONMENT","BIOLOGICAL DIVERSITY","MARINE RESOURCES","OCEANS"],"corporate_name":[],"speaker_affiliation":[],"related_documents":[{"title":"Website","url":"https://www.un.org/bbnjagreement/en/third-session-23-march-2-april-2026"},{"title":"Proposed organization of work (pdf)","url":"https://www.un.org/bbnjagreement/sites/default/files/2026-03/20260304BBNJPrepComIIIOrgofWork.pdf"}]},"transcript":{"transcript_id":"07dec523-ebbc-4b46-af82-d00a5876590c","language":"en","data":[{"statement_number":1,"start":3.36,"pageUrl":"/en/asset/k12/k12szhi6jy?t=4","paragraphs":[{"sentences":[{"text":"Hello. 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is an internal matter for BBJ COP to manage.","start":960.52,"end":963.56,"topics":[],"words":[{"text":"This","start":960.52,"end":960.8},{"text":"is","start":960.8,"end":960.96},{"text":"an","start":960.96,"end":961.12},{"text":"internal","start":961.12,"end":961.6},{"text":"matter","start":961.6,"end":961.88},{"text":"for","start":961.88,"end":962.16},{"text":"BBJ","start":962.16,"end":962.84},{"text":"COP","start":962.84,"end":963.16},{"text":"to","start":963.16,"end":963.32},{"text":"manage.","start":963.32,"end":963.56}]},{"text":"In the second sentence we propose the deletion of the bracketed text.","start":964.12,"end":968.36,"topics":[],"words":[{"text":"In","start":964.12,"end":964.4},{"text":"the","start":964.4,"end":964.56},{"text":"second","start":964.56,"end":964.8},{"text":"sentence","start":964.8,"end":965.36},{"text":"we","start":965.36,"end":965.72},{"text":"propose","start":965.72,"end":966.24},{"text":"the","start":966.24,"end":966.56},{"text":"deletion","start":966.56,"end":967.16},{"text":"of","start":967.16,"end":967.32},{"text":"the","start":967.32,"end":967.44},{"text":"bracketed","start":967.44,"end":968},{"text":"text.","start":968,"end":968.36}]},{"text":"It is unclear to us what is meant by ability of JEFF to address the changing needs of developing States parties and we do not think it's appropriate to include terms in the MOU where the meaning is not 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is unnecessary to specify in the MOU the Jeff how the COP may or may not seek to improve the financial mechanism, including requiring that the COP takes particular action.","start":983.24,"end":993.78,"topics":[{"key":"cop-guidance-bindingness","label":"COP Guidance and GEF Responsiveness","description":"How binding COP guidance should be on the GEF Council, including preferences for “take” versus “consider” and “in conformity with” versus “taking into account,” balancing GEF autonomy with accountability to 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does not support the proposed independent assessment mechanism.","start":1047.119,"end":1050.319,"topics":[{"key":"periodic-review-assessment","label":"Periodic Review and Independent Assessment","description":"Debate over retitling the section to reflect Article 52(16) periodic review of the financial mechanism and whether the COP may commission an additional independent assessment of the GEF’s overall performance, beyond the GEF Independent Evaluation Office reports."}],"words":[{"text":"Kansi","start":1047.119,"end":1047.719},{"text":"does","start":1047.719,"end":1047.879},{"text":"not","start":1047.879,"end":1047.999},{"text":"support","start":1047.999,"end":1048.199},{"text":"the","start":1048.199,"end":1048.439},{"text":"proposed","start":1048.439,"end":1048.799},{"text":"independent","start":1048.799,"end":1049.399},{"text":"assessment","start":1049.399,"end":1049.799},{"text":"mechanism.","start":1049.799,"end":1050.319}]},{"text":"We do not understand the need for it in our 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there and then in draft mou on paragraph 16 and 17.","start":1060.199,"end":1065.119,"topics":[{"key":"periodic-review-assessment","label":"Periodic Review and Independent Assessment","description":"Debate over retitling the section to reflect Article 52(16) periodic review of the financial mechanism and whether the COP may commission an additional independent assessment of the GEF’s overall performance, beyond the GEF Independent Evaluation Office 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costs.","start":1071.21,"end":1080.17,"topics":[{"key":"periodic-review-assessment","label":"Periodic Review and Independent Assessment","description":"Debate over retitling the section to reflect Article 52(16) periodic review of the financial mechanism and whether the COP may commission an additional independent assessment of the GEF’s overall performance, beyond the GEF Independent Evaluation Office 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inappropriate and beyond the competence of the COP then to seek specifically to review the performance of the JEFF Council as part of the financial mechanism.","start":1080.89,"end":1094.73,"topics":[{"key":"periodic-review-assessment","label":"Periodic Review and Independent Assessment","description":"Debate over retitling the section to reflect Article 52(16) periodic review of the financial mechanism and whether the COP may commission an additional independent assessment of the GEF’s overall performance, beyond the GEF Independent Evaluation Office 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that would be our preferred type 2 and also on paragraph 16 we think there's a need to take action to improve the effectiveness on 16 while we pack the discussion in the bracket for now pending the conclusion in the other discussion on the Finance committee and on 17 we support Align the Cop to launch the assessment of effectiveness of JEF but specifically on the Jeff Trust fund.","start":1557.5,"end":1587.51,"topics":[{"key":"periodic-review-assessment","label":"Periodic Review and Independent Assessment","description":"Debate over retitling the section to reflect Article 52(16) periodic review of the financial mechanism and whether the COP may commission an additional independent assessment of the GEF’s overall performance, beyond the GEF Independent Evaluation Office reports."},{"key":"role-of-subsidiary-bodies","label":"Role of Subsidiary Bodies in Oversight","description":"The extent to which the Finance Committee and other subsidiary bodies provide reports and recommendations, 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are aware that the trust fund is like a mother of all kinds of funds which I'm not sure this body would be allowed to direct Jeff to do a monitoring of all of those trust fund and report back to cop.","start":1587.51,"end":1603.93,"topics":[{"key":"cop-guidance-bindingness","label":"COP Guidance and GEF Responsiveness","description":"How binding COP guidance should be on the GEF Council, including preferences for “take” versus “consider” and “in conformity with” versus “taking into account,” balancing GEF autonomy with accountability to 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think it would be good to keep it as Jeff and not the trust fund.","start":1604.01,"end":1608.25,"topics":[{"key":"financial-mechanism-complementarity","label":"Complementarity and Coherence of the Financial Mechanism","description":"Ensuring the GEF Trust Fund and the Special Fund operate coherently, including whether to use firm obligations instead of “strive to,” delete references to undefined “appropriate arrangements,” and align with agreement 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yes, it is useful.","start":2081.25,"end":2082.93,"topics":[],"words":[{"text":"But","start":2081.25,"end":2081.49},{"text":"yes,","start":2081.73,"end":2082.09},{"text":"it","start":2082.09,"end":2082.25},{"text":"is","start":2082.25,"end":2082.45},{"text":"useful.","start":2082.45,"end":2082.93}]},{"text":"But we also are looking at a very narrow perspective.","start":2082.93,"end":2086.13,"topics":[],"words":[{"text":"But","start":2082.93,"end":2083.21},{"text":"we","start":2083.21,"end":2083.49},{"text":"also","start":2083.49,"end":2083.73},{"text":"are","start":2083.73,"end":2083.93},{"text":"looking","start":2083.93,"end":2084.13},{"text":"at","start":2084.13,"end":2084.33},{"text":"a","start":2084.33,"end":2084.49},{"text":"very","start":2084.49,"end":2084.69},{"text":"narrow","start":2084.69,"end":2085.25},{"text":"perspective.","start":2085.41,"end":2086.13}]},{"text":"I mean, for us as a delegation, we've said this a couple of 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I've heard questions about the relevance and some in 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that might require a little bit of discussion further to see where exactly colleagues wish to 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5.3.","start":5344.99,"end":5349.07,"topics":[],"words":[{"text":"Let's","start":5344.99,"end":5345.35},{"text":"move","start":5345.35,"end":5345.63},{"text":"now","start":5345.71,"end":5346.07},{"text":"to","start":5346.07,"end":5346.43},{"text":"paragraph","start":5347.47,"end":5348.07},{"text":"5.3.","start":5348.07,"end":5349.07}]},{"text":"And I recognize it's a fairly long paragraph with I think every single sub paragraph has a 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also propose the deletion of developing state parties, including the deletion of all opening up the brackets around end right before smaller and developing states and we would call for the removal of brackets around the last sentence in 5D and retaining that sentence in the paragraph and Yep, yep, that's thank you Chair.","start":5472.79,"end":5506.8,"topics":[{"key":"arrears-management-flexibility","label":"Arrears Management and Flexibility","description":"Deadlines for payments, extensions for force majeure, and the consequences of arrears (e.g., voting rights and eligibility for Bureau/subsidiary bodies), with proposals for carve-outs or safeguards for SIDS, LDCs, and 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Chair.","start":5519.43,"end":5521.03,"topics":[],"words":[{"text":"Thank","start":5519.43,"end":5519.75},{"text":"you","start":5519.75,"end":5519.87},{"text":"very","start":5519.87,"end":5520.07},{"text":"much","start":5520.07,"end":5520.39},{"text":"Chair.","start":5520.63,"end":5521.03}]},{"text":"On behalf of the Africa Group, I wish to make the following points on 5.3a, 5.3d and 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also the last point, we support the use of May in place of shall on 5.3 F. 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continue as a group to object to any rigid automatic punitive measures for arrears.","start":5581.53,"end":5588.04,"topics":[{"key":"arrears-management-flexibility","label":"Arrears Management and Flexibility","description":"Deadlines for payments, extensions for force majeure, and the consequences of arrears (e.g., voting rights and eligibility for Bureau/subsidiary bodies), with proposals for carve-outs or safeguards for SIDS, LDCs, and 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subparagraph A we can agree to 31 March as the deadline for the payment of assets contribution, with any unpaid balances of 31 March of the following year being considered one year in a re years.","start":5756.78,"end":5774.11,"topics":[{"key":"arrears-management-flexibility","label":"Arrears Management and Flexibility","description":"Deadlines for payments, extensions for force majeure, and the consequences of arrears (e.g., voting rights and eligibility for Bureau/subsidiary bodies), with proposals for carve-outs or safeguards for SIDS, LDCs, and 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B we also agree that the timing of the contribution can be aligned with the Party's financial cycle as long as the assets contribution is paid in due time.","start":5775.55,"end":5788.27,"topics":[{"key":"arrears-management-flexibility","label":"Arrears Management and Flexibility","description":"Deadlines for payments, extensions for force majeure, and the consequences of arrears (e.g., voting rights and eligibility for Bureau/subsidiary bodies), with proposals for carve-outs or safeguards for SIDS, LDCs, and 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C we would remove the reference to advances to the working capital reserves and we would also request that the head of the Secretariat does not only report to the COP but also to the Bureau.","start":5790.27,"end":5807.78,"topics":[{"key":"role-of-subsidiary-bodies","label":"Role of Subsidiary Bodies in Oversight","description":"The extent to which the Finance Committee and other subsidiary bodies provide reports and recommendations, are consulted by the GEF, or attend relevant interactions to support COP oversight of the financial mechanism."},{"key":"financial-mechanism-complementarity","label":"Complementarity and Coherence of the Financial Mechanism","description":"Ensuring the GEF Trust Fund and the Special Fund operate coherently, including whether to use firm obligations instead of “strive to,” delete references to undefined “appropriate arrangements,” and align with agreement 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phrase other external factors negatively impacting the fulfillment of financial commitments is overly vague and it should be removed.","start":5842.91,"end":5853.4,"topics":[{"key":"arrears-management-flexibility","label":"Arrears Management and Flexibility","description":"Deadlines for payments, extensions for force majeure, and the consequences of arrears (e.g., voting rights and eligibility for Bureau/subsidiary bodies), with proposals for carve-outs or safeguards for SIDS, LDCs, and 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upon payment schedule must be binding and the head of the Secretariat should not only notify the Bureau and the COP of the schedule, but also of any requested extension and the justification therefore on E the maximum period allowed to clear outstanding arrears after the 2 full years of non payment should be 2 years, not 4.","start":5854.6,"end":5884.45,"topics":[{"key":"arrears-management-flexibility","label":"Arrears Management and Flexibility","description":"Deadlines for payments, extensions for force majeure, and the consequences of arrears (e.g., voting rights and eligibility for Bureau/subsidiary bodies), with proposals for carve-outs or safeguards for SIDS, LDCs, and LLDCs."},{"key":"role-of-subsidiary-bodies","label":"Role of Subsidiary Bodies in Oversight","description":"The extent to which the Finance Committee and other subsidiary bodies provide reports and recommendations, are consulted by the GEF, or attend relevant interactions to support COP oversight of the financial 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F the EU and its member States prefer to work on the basis of option B, which is clearer on the consequences of not paying the contribution on option B.","start":5911.42,"end":5925.58,"topics":[{"key":"arrears-management-flexibility","label":"Arrears Management and Flexibility","description":"Deadlines for payments, extensions for force majeure, and the consequences of arrears (e.g., voting rights and eligibility for Bureau/subsidiary bodies), with proposals for carve-outs or safeguards for SIDS, LDCs, and 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clam.","start":6072.69,"end":6080.61,"topics":[],"words":[{"text":"However,","start":6072.69,"end":6073.09},{"text":"in","start":6073.25,"end":6073.57},{"text":"Rule","start":6073.57,"end":6073.97},{"text":"5.3","start":6074.21,"end":6075.49},{"text":"we","start":6076.209,"end":6076.489},{"text":"see","start":6076.489,"end":6076.77},{"text":"some","start":6076.77,"end":6077.09},{"text":"elements","start":6077.09,"end":6077.65},{"text":"that","start":6077.73,"end":6078.05},{"text":"are","start":6078.05,"end":6078.29},{"text":"of","start":6078.29,"end":6078.53},{"text":"particular","start":6078.53,"end":6078.85},{"text":"concern","start":6079.01,"end":6079.41},{"text":"for","start":6079.73,"end":6080.09},{"text":"clam.","start":6080.09,"end":6080.61}]}]},{"sentences":[{"text":"The issue of overdue contributions is critical to the proper function functioning of the BB&J's institutional 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date.","start":6090.32,"end":6098,"topics":[{"key":"arrears-management-flexibility","label":"Arrears Management and Flexibility","description":"Deadlines for payments, extensions for force majeure, and the consequences of arrears (e.g., voting rights and eligibility for Bureau/subsidiary bodies), with proposals for carve-outs or safeguards for SIDS, LDCs, and 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could lead to that parties withdrawal from the function and implementation of the agreement.","start":6098.8,"end":6115.03,"topics":[{"key":"arrears-management-flexibility","label":"Arrears Management and Flexibility","description":"Deadlines for payments, extensions for force majeure, and the consequences of arrears (e.g., voting rights and eligibility for Bureau/subsidiary bodies), with proposals for carve-outs or safeguards for SIDS, LDCs, and 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would like to express an overall preference towards option A. However, in option B, claim could accept a membership limitation only the Bureau after two consecutive full years of arrears.","start":6115.83,"end":6131.11,"topics":[{"key":"arrears-management-flexibility","label":"Arrears Management and Flexibility","description":"Deadlines for payments, extensions for force majeure, and the consequences of arrears (e.g., voting rights and eligibility for Bureau/subsidiary bodies), with proposals for carve-outs or safeguards for SIDS, LDCs, and 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this situation continue without a clear payment schedule, the COP could then decide on additional matters.","start":6131.67,"end":6139.62,"topics":[{"key":"arrears-management-flexibility","label":"Arrears Management and Flexibility","description":"Deadlines for payments, extensions for force majeure, and the consequences of arrears (e.g., voting rights and eligibility for Bureau/subsidiary bodies), with proposals for carve-outs or safeguards for SIDS, LDCs, and 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Chair.","start":6140.17,"end":6140.73,"topics":[],"words":[{"text":"Thank","start":6140.17,"end":6140.33},{"text":"you,","start":6140.33,"end":6140.45},{"text":"Chair.","start":6140.45,"end":6140.73}]},{"text":"Thank you, Tiller.","start":6142.57,"end":6145.93,"topics":[],"words":[{"text":"Thank","start":6142.57,"end":6142.93},{"text":"you,","start":6142.93,"end":6143.21},{"text":"Tiller.","start":6145.29,"end":6145.93}]},{"text":"On behalf of clam, I now give the floor to Australia on behalf of Kansi.","start":6145.93,"end":6150.33,"topics":[],"words":[{"text":"On","start":6145.93,"end":6146.09},{"text":"behalf","start":6146.09,"end":6146.37},{"text":"of","start":6146.37,"end":6146.57},{"text":"clam,","start":6146.57,"end":6147.13},{"text":"I","start":6147.29,"end":6147.65},{"text":"now","start":6147.65,"end":6147.89},{"text":"give","start":6147.89,"end":6148.05},{"text":"the","start":6148.05,"end":6148.21},{"text":"floor","start":6148.21,"end":6148.45},{"text":"to","start":6148.45,"end":6148.61},{"text":"Australia","start":6148.61,"end":6148.89},{"text":"on","start":6149.05,"end":6149.33},{"text":"behalf","start":6149.33,"end":6149.53},{"text":"of","start":6149.53,"end":6149.69},{"text":"Kansi.","start":6149.69,"end":6150.33}]}]}],"speaker":{"name":null,"affiliation":"CHL","affiliation_full":"Chile","group":"CLAM","function":"Representative"}},{"statement_number":116,"start":6155.13,"pageUrl":"/en/asset/k12/k12szhi6jy?t=6156","paragraphs":[{"sentences":[{"text":"Thank you, Co Chair.","start":6155.13,"end":6156.33,"topics":[],"words":[{"text":"Thank","start":6155.13,"end":6155.49},{"text":"you,","start":6155.49,"end":6155.77},{"text":"Co","start":6155.77,"end":6156.05},{"text":"Chair.","start":6156.05,"end":6156.33}]},{"text":"I'M just coming in on rule 5.3 E and 5.3 F. So on 5.3 E we can support the opening of the brackets in that paragraph which say, taking into account the needs of developing States parties.","start":6158.01,"end":6174.45,"topics":[{"key":"arrears-management-flexibility","label":"Arrears Management and Flexibility","description":"Deadlines for payments, extensions for force majeure, and the consequences of arrears (e.g., voting rights and eligibility for Bureau/subsidiary bodies), with proposals for carve-outs or safeguards for SIDS, LDCs, and LLDCs."}],"words":[{"text":"I'M","start":6158.01,"end":6158.33},{"text":"just","start":6158.33,"end":6158.49},{"text":"coming","start":6158.49,"end":6158.73},{"text":"in","start":6158.73,"end":6159.05},{"text":"on","start":6159.05,"end":6159.45},{"text":"rule","start":6160.09,"end":6160.53},{"text":"5.3","start":6160.53,"end":6161.45},{"text":"E","start":6161.45,"end":6161.85},{"text":"and","start":6163.13,"end":6163.53},{"text":"5.3","start":6163.53,"end":6164.33},{"text":"F.","start":6164.33,"end":6164.65},{"text":"So","start":6164.97,"end":6165.21},{"text":"on","start":6165.21,"end":6165.37},{"text":"5.3","start":6165.37,"end":6166.13},{"text":"E","start":6166.13,"end":6166.49},{"text":"we","start":6167.17,"end":6167.29},{"text":"can","start":6167.29,"end":6167.49},{"text":"support","start":6167.49,"end":6167.81},{"text":"the","start":6167.89,"end":6168.21},{"text":"opening","start":6168.21,"end":6168.81},{"text":"of","start":6168.81,"end":6169.09},{"text":"the","start":6169.09,"end":6169.29},{"text":"brackets","start":6169.29,"end":6169.69},{"text":"in","start":6169.69,"end":6169.85},{"text":"that","start":6169.85,"end":6170.05},{"text":"paragraph","start":6170.05,"end":6170.65},{"text":"which","start":6170.65,"end":6171.01},{"text":"say,","start":6171.01,"end":6171.41},{"text":"taking","start":6171.73,"end":6172.09},{"text":"into","start":6172.09,"end":6172.37},{"text":"account","start":6172.37,"end":6172.61},{"text":"the","start":6172.61,"end":6172.81},{"text":"needs","start":6172.81,"end":6173.01},{"text":"of","start":6173.01,"end":6173.17},{"text":"developing","start":6173.17,"end":6173.57},{"text":"States","start":6173.57,"end":6173.89},{"text":"parties.","start":6173.89,"end":6174.45}]},{"text":"And Then for Rule 5.3f we prefer option B. So we support that parties in arrear for more than two years shall not be eligible to become a member of the Bureau or a member of any subsidiary body.","start":6175.41,"end":6191.41,"topics":[{"key":"arrears-management-flexibility","label":"Arrears Management and Flexibility","description":"Deadlines for payments, extensions for force majeure, and the consequences of arrears (e.g., voting rights and eligibility for Bureau/subsidiary bodies), with proposals for carve-outs or safeguards for SIDS, LDCs, and 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rationale being, we think the implication of for voting rights and membership of subsidiary bodies in the Bureau will contribute to the more effective functioning of the regime.","start":6215.1,"end":6223.75,"topics":[{"key":"arrears-management-flexibility","label":"Arrears Management and Flexibility","description":"Deadlines for payments, extensions for force majeure, and the consequences of arrears (e.g., voting rights and eligibility for Bureau/subsidiary bodies), with proposals for carve-outs or safeguards for SIDS, LDCs, and 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Chair.","start":6234.47,"end":6235.51,"topics":[],"words":[{"text":"Thank","start":6234.47,"end":6234.79},{"text":"you","start":6234.79,"end":6234.95},{"text":"Co","start":6234.95,"end":6235.19},{"text":"Chair.","start":6235.19,"end":6235.51}]},{"text":"My delegation speaks on behalf of the following landlocked developing countries Burkina Faso, Burundi, Eswatini, Lesotho, Mali, Malawi, Nepal, Niger, Paraguay, Rwanda, Uganda, Zambia, Zimbabwe and 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do so not as a formally constituted group, but as a set of delegations with shared structural interests that compel us to speak with one voice on 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our delegation calls for Rule 5.3 to incorporate three minimum elements.","start":6312.79,"end":6321.43,"topics":[],"words":[{"text":"Accordingly,","start":6312.79,"end":6313.51},{"text":"our","start":6313.51,"end":6313.709},{"text":"delegation","start":6313.709,"end":6314.23},{"text":"calls","start":6314.23,"end":6314.75},{"text":"for","start":6314.75,"end":6315.03},{"text":"Rule","start":6315.03,"end":6315.43},{"text":"5.3","start":6315.75,"end":6317.03},{"text":"to","start":6318.47,"end":6318.87},{"text":"incorporate","start":6318.87,"end":6319.59},{"text":"three","start":6319.75,"end":6320.15},{"text":"minimum","start":6320.31,"end":6320.95},{"text":"elements.","start":6320.95,"end":6321.43}]},{"text":"First, an extended grace period of not less than two financial periods before any consequences for arrears are triggered.","start":6322.07,"end":6330.32,"topics":[{"key":"arrears-management-flexibility","label":"Arrears Management and Flexibility","description":"Deadlines for 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countries in resolving arrears before consequences apply and third, a safeguard ensuring that landlocked developing countries are not disqualified from Bureau, service or subsidiary body nominations solely on account of arrears accrued within that grace period.","start":6331.04,"end":6352.91,"topics":[{"key":"arrears-management-flexibility","label":"Arrears Management and Flexibility","description":"Deadlines for payments, extensions for force majeure, and the consequences of arrears (e.g., voting rights and eligibility for Bureau/subsidiary bodies), with proposals for carve-outs or safeguards for SIDS, LDCs, and 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this end, our delegations remain available for consultations and stand ready to engage on specific language.","start":6354.75,"end":6360.47,"topics":[],"words":[{"text":"To","start":6354.75,"end":6355.03},{"text":"this","start":6355.03,"end":6355.23},{"text":"end,","start":6355.23,"end":6355.55},{"text":"our","start":6355.55,"end":6355.87},{"text":"delegations","start":6355.87,"end":6356.43},{"text":"remain","start":6356.43,"end":6356.79},{"text":"available","start":6356.79,"end":6357.07},{"text":"for","start":6357.23,"end":6357.55},{"text":"consultations","start":6357.55,"end":6358.27},{"text":"and","start":6358.27,"end":6358.47},{"text":"stand","start":6358.47,"end":6358.67},{"text":"ready","start":6358.67,"end":6358.99},{"text":"to","start":6358.99,"end":6359.07},{"text":"engage","start":6359.07,"end":6359.35},{"text":"on","start":6359.35,"end":6359.55},{"text":"specific","start":6359.55,"end":6359.99},{"text":"language.","start":6359.99,"end":6360.47}]},{"text":"I thank you Co 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E we do recognize the importance of addressing areas but this is also for Fiji in its national capacity, a red line.","start":6466.62,"end":6476.86,"topics":[{"key":"arrears-management-flexibility","label":"Arrears Management and Flexibility","description":"Deadlines for payments, extensions for force majeure, and the consequences of arrears (e.g., voting rights and eligibility for Bureau/subsidiary bodies), with proposals for carve-outs or safeguards for SIDS, LDCs, and 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the next sentence, an appropriate payment schedule.","start":6874.43,"end":6879.23,"topics":[{"key":"arrears-management-flexibility","label":"Arrears Management and Flexibility","description":"Deadlines for payments, extensions for force majeure, and the consequences of arrears (e.g., voting rights and eligibility for Bureau/subsidiary bodies), with proposals for carve-outs or safeguards for SIDS, LDCs, and LLDCs."}],"words":[{"text":"On","start":6874.43,"end":6874.75},{"text":"the","start":6874.75,"end":6874.99},{"text":"next","start":6874.99,"end":6875.31},{"text":"sentence,","start":6875.79,"end":6876.43},{"text":"an","start":6877.31,"end":6877.59},{"text":"appropriate","start":6877.59,"end":6878.11},{"text":"payment","start":6878.11,"end":6878.55},{"text":"schedule.","start":6878.55,"end":6879.23}]},{"text":"We prefer shell be agreed between the head of the Secretariat and the party so 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Specific measures should be stipulated to encourage State parties to pay their assist contributions.","start":6891.06,"end":6903.14,"topics":[{"key":"arrears-management-flexibility","label":"Arrears Management and Flexibility","description":"Deadlines for payments, extensions for force majeure, and the consequences of arrears (e.g., voting rights and eligibility for Bureau/subsidiary bodies), with proposals for carve-outs or safeguards for SIDS, LDCs, and 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this provision gives further clarity, including the consequences, which would be better to be included in the financial rules rather than keeping it open for the future COP to make decisions.","start":6903.46,"end":6922.34,"topics":[{"key":"arrears-management-flexibility","label":"Arrears Management and Flexibility","description":"Deadlines for payments, extensions for force majeure, and the consequences of arrears (e.g., voting rights and eligibility for Bureau/subsidiary bodies), with proposals for carve-outs or safeguards for SIDS, LDCs, and 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5.3 p. 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such instance in this paragraph appropriate payment schedules shall be agreed upon and must be reported to the Bureau and the COP to ensure transparency and continued engagement.","start":7050.39,"end":7063.67,"topics":[{"key":"arrears-management-flexibility","label":"Arrears Management and Flexibility","description":"Deadlines for payments, extensions for force majeure, and the consequences of arrears (e.g., voting rights and eligibility for Bureau/subsidiary bodies), with proposals for carve-outs or safeguards for SIDS, LDCs, and LLDCs."},{"key":"transparency-and-information-sharing","label":"Transparency and Information Sharing","description":"Frequency and scope of reporting on pledges and contributions (e.g., twice yearly), whether to include host country contributions, and making financial and project information available through the Clearinghouse 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the words relevant fund established under the Agreement should consequently be deleted and we support paragraph 5. 8 As it will contribute also to reduce risk enforcing discipline and ensuring predictability and aligning with standard budgeting budgeting principles.","start":7203.19,"end":7227.15,"topics":[{"key":"investment-income-allocation","label":"Investment Income Allocation","description":"Whether to reference income from investments and how to credit it, including proposals to allocate solely to the General Trust Fund or to distribute across relevant funds under the 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we would propose opening the brackets around be used in accordance with such terms.","start":7352.07,"end":7358.95,"topics":[],"words":[{"text":"So","start":7352.07,"end":7352.19},{"text":"we","start":7352.19,"end":7352.39},{"text":"would","start":7352.39,"end":7352.67},{"text":"propose","start":7352.67,"end":7353.27},{"text":"opening","start":7353.99,"end":7354.59},{"text":"the","start":7354.59,"end":7354.75},{"text":"brackets","start":7354.75,"end":7355.23},{"text":"around","start":7355.23,"end":7355.59},{"text":"be","start":7355.91,"end":7356.27},{"text":"used","start":7356.27,"end":7356.63},{"text":"in","start":7356.79,"end":7357.15},{"text":"accordance","start":7357.15,"end":7357.83},{"text":"with","start":7357.83,"end":7358.19},{"text":"such","start":7358.19,"end":7358.55},{"text":"terms.","start":7358.55,"end":7358.95}]},{"text":"So for the first set of brackets and then we would propose the deletion of and the Financial rules of the United nations and also the later part of the 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Moving on to 5.6 EOSIS would propose the Secretariat informing the parties and we would propose the addition of at least twice a year and removing of the brackets around assist and host country contributions and retaining that part in the paragraph.","start":7414.71,"end":7437.52,"topics":[{"key":"transparency-and-information-sharing","label":"Transparency and Information Sharing","description":"Frequency and scope of reporting on pledges and contributions (e.g., twice yearly), whether to include host country contributions, and making financial and project information available through the Clearinghouse 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for paragraph 5.7, Elsist proposes again going on with our Stance on institution to be replaced with institutional 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in the last sentence, the addition of income derived from investments shall be credited annually in equal parts and then for the rest of the sentence to read to the general trust fund and the voluntary trust fund established pursuant to Article 52, paragraph 4 of the agreement.","start":7450.24,"end":7475.62,"topics":[{"key":"investment-income-allocation","label":"Investment Income Allocation","description":"Whether to reference income from investments and how to credit it, including proposals to allocate solely to the General Trust Fund or to distribute across relevant funds under the 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