The Contracting Parties adopt the budget prepared by the Coordinating Unit. This budget is financed by assessed contributions from the Contracting Parties, voluntary contributions from Contracting Parties, supporting organizations and selected non-governmental sources, as well as counterpart contributions. The contributions of the Contracting Parties are assessed on the basis of a mutually agreed scale based on the United Nations scale of assessment.
In accordance with Article 24 of the Convention, the Contracting Parties have established the Mediterranean Trust Fund (MTF) to ensure the effective coordination and funding of the Mediterranean Action Plan activities. The MTF is managed by UNEP in accordance with approved financial rules and regulations.
