Draft decision 5/[--]: Management of Trust Funds and Earmarked Contributions - UNEP/EA.5/L.2: United Nations Environment Assembly of the United Nations Environment Programme - Fifth session

The United Nations Environment Assembly, 1. Notes with appreciation the progress made in the implementation of decision 3/3 through the closure of the inactive trust funds and the reassignment of the balances to the relevant activities; 2. Notes that, in line with the Financial Regulations and Rules of the United Nations, agreements for which the United Nations Environment Programme carries out the functions of the secretariat must be based on the principle of cost recovery when it comes to administrative matters...