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Capacity Building and the Implementation of the Law of the Sea Convention: a View from the World Bank

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Chapter Summary

This chapter examines the role envisaged by the 1982 Law of the Sea Convention (LOSC) and by the 1995 UN Fish Stocks Agreement, for the World Bank and the international trust funds for which it acts as trustee. It outlines the opportunities for work on law of the sea related issues, including marine science, within the portfolios of the members of the World Bank Group. Then, the chapter considers the mandate and resources of the Global Environment Facility (GEF) particularly in relation to its identified focal areas of international waters and biodiversity conservation. It further looks at the evolution of the GEF International Waters portfolio and its investments in Large Marine Ecosystems (LMEs) and at a range of other innovative science and management projects supporting the objectives of the 1982 Convention.

Keywords: biodiversity conservation; Global Environment Facility (GEF); Large Marine Ecosystems (LMEs); Law of the Sea Convention (LOSC); UN fish stocks agreement



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