The Global Mechanism joins Dgroups

As of July 2009, the Global Mechanism (GM) joined the Dgroups Partnership.

From the GM website:

The Global Mechanism (GM) was established by Article 21 of the United Nations Convention to Combat Desertification (UNCCD). It began its operations in October 1998.

The GM is a subsidiary body of the UNCCD. Its original functions of general broker and match-maker have evolved over its first ten years of operations, in the wake of the changing international financial architecture, its new modalities for resource allocation and the increasing importance of domestic budgeting processes in developing countries.

As a consequence, the GM is increasingly specializing in providing a range of financial advisory services to the country Parties to the Convention in close cooperation with International Finance Institutions (IFIs) – in particular the World Bank Group, the International Fund for Agricultural Development (IFAD) and the regional development banks. The European Commission and bilateral donor agencies are also long-standing partners of the GM.

The Global Mechanism is hosted by IFAD offices in Rome. Contact person for Dgroups is Maurizio Navarra.

Read more about Dgroups and its current members.