Barcelona, May The Strategic Partnership for the Mediterranean Large Marine Ecosystem NEW GEF MEDITERRANEAN INITIATIVE Basic information

Barcelona, May Project Development and Implementation Schedule Entered into pipeline – October 2004 Stocktaking meeting – Trieste, October 2004 expected PDF-B Request approved – Oct Project Brief submitted – mid 2007 Project approved – November 2007 Project implementation –

Barcelona, May Current Status of Development Preparation of PDF-B Request – January - June 2005 Preparatory meeting of GEF, UNEP/DGEF and EAs – Athens, June-July 2005 Submission of the PDF-B Request – June - July 2005 Duration of PDF-B Phase – 14 months

Barcelona, May Strategic Partnership consists of: (UNEP)  Regional Component: Implementation of agreed actions for the protection of the environmental resources of the Mediterranean Sea and its coastal areas (UNEP) (WORLD BANK).  Investment Fund for Pollution Reduction (WORLD BANK).

Barcelona, May Regional Component–Basic Facts IA – UNEP EAs – UNEP/MAP through MEDPOL, CP/RAC, PAP/RAC, REMPEC, SPA/RAC, and co- implemented by FAO, ICS-UNIDO, METAP, UNESCO-IHP, UNIDO, WWF BUDGET – 15 million US $ (10 from IW + 5 from BD) Co-financing: minimum 1:1 Duration: 5 years

Barcelona, May Expected participating countries (12 GEF eligible) ALBANIA, ALGERIA, BOSNIA AND HERZEGOVINA, CROATIA, EGYPT, LEBANON, LIBYA, MOROCCO, SERBIA AND MONTENEGRO, SYRIA, TUNISIA, TURKEY

Barcelona, May Immediate Objectives Reduction of LBS pollution loads of SAP MED targeted substances Healthy functioning coastal and marine key biodiversity-supporting ecosystems Improved management of fisheries Prosecution of offenders of applicable rules and regulations related to operational discharges from ships

Barcelona, May (cont.) Implementation of the future ICM protocol Improved management of coastal aquifers Better management of marine litter Enhancment of the transfer of Cleaner Technolgy Integrated Managment of Water Resources

Barcelona, May The Project will focus on, and assist the countries: To develop an adequate human capacity for legal/institutional set up, reforms and harmonization of policies needed to reverse pollution degradation trends, biodiversity and living resources depletion ;

Barcelona, May To implement the legal, institutional and policy reforms, which are necessary for the implementation of the SAP MED and SAP BIO;

Barcelona, May To provide technical and financial support in implementing selected priority actions identified in NAPs related to the SAP MED and SAP BIO;

Barcelona, May To develop a long term sustainable financing capacity of countries in order for sustainable implementation of the SAP MED and SAP BIO.

Barcelona, May THANK YOU