Read the Action Paper
"The Chairman of the sessional Financial Committee, Captain Javier Valladares
(Argentina), Vice- Chairman of IOC, will......inform the Assembly that, given the reduction of 20% of UNESCO’s contribution to the IOC Regular Budget, Member States will have, as soon as possible, to collectively reflect on possible future scenarios as a possible basis for the reformulation of the Commission's medium- and long-term plans. To start that process, a document was prepared for the consideration of the Assembly at the present session; it assesses the overall funding for IOC, analyses the existing, and proposes, new funding mechanisms including extrabudgetary contributions from Member States through a voluntary pledging system."
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