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Global Mechanism (GM)

Global Mechanism (GM)

Established under the Convention, the GM is in charge of promoting actions for the mobilization and channelling of substantial financial resources, including the transfer of technology, on a grant basis, and/or on concessional or other terms, to affected developing country Parties. The Global Mechanism is hosted in Rome by the International Fund for Agricultural Development (IFAD), and functions under the authority and guidance of the Conference of the Parties.