STATEMENT BY
MR. P JEEVANANTH A/L PALIAH
UNDERSECRETARY
STRATEGIC AND INTERNATIONAL PLANNING DIVISION
MINISTRY OF NATURAL RESOURCES AND ENVIRONMENTAL SUSTAINABILITY
AT THE INFORMAL WORKING GROUP OF THESECOND PREPARATORY COMMISSION FOR THE ENTRY INTO FORCE OF 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 AND THE CONVENING OF THE FIRST MEETING OF THE CONFERENCE OF THE PARTIES TO THE AGREEMENT
ITEM 5
(CLUSTER III, ISSUE 7)
ARRANGEMENTS WITH THE GLOBAL ENVIRONMENT FACILITY TO GIVE EFFECT TO THE RELEVANT PROVISIONS ON FUNDING
GLOBAL ENVIRONMENT FACILITY (GEF) -9 REPLENISHMENT
FRIDAY, 22 AUGUST 2025
Thank you, distinguished Co-Chairs.
1.Malaysia welcomes the detailed obligations placed on GEF to provide comprehensive reports on its activities, including project approvals, outcomes, and resource mobilization. We encourage that reporting also include information on accessibility and equity of funding, particularly the extent to which developing countries are able to access resources without undue administrative burden.
2.Regarding the periodic review and independent assessment, Malaysia strongly supports the provision for periodic review of the financial mechanism. We believe these reviews must be inclusive, transparent, and participatory and that independent assessments should evaluate not only effectiveness but also fairness and equity in resource allocation.
3.On resource mobilization, Malaysia appreciates the linkage between the COP finance committee’s recommendations and the GEF replenishment process. We encourage the exploration of innovative financing approaches, including blended finance and partnerships with regional and private sector initiatives to ensure sufficient and sustainable resources for implementation.
4.Malaysia also supports the provisions on complementarity and coherence, stressing the need for synergy between GEF funding and other international funding mechanisms, including the Green Climate Fund, the Adaptation Fund and relevant regional initiatives, in order to avoid duplication and maximize impact.
Thank you.
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