2024/004: Alternative Payment Method for Current Assessed Contributions and Clearing Arrears

We are pleased to bring to your attention that the Budget and Financial Management Services of UNON has approved a new set of guidelines for depositing contributions not exceeding US$ 50,000 (United States dollar) through UNDP Country Offices. This alternative allows AEWA Parties to easily transfer funds to a UNDP country office located within their country, effectively addressing the challenges associated with remitting contributions internationally and providing a less burdensome transaction process. 

Should you wish to utilize this method of payment via a UNDP country office, we kindly ask that you inform the UNEP/AEWA Secretariat. The Secretariat will send an updated invoice with UNDP country office bank details to the requesting Parties. This payment method is applicable for current assessed contributions as well as for clearing arrears, either as a lump sum or through multiple payments over time.

Please note that any losses from currency conversions and service fees charged by UNDP country offices will be the responsibility of the contributing Party. The current UNDP service fee ranges from USD 16.63 to USD 86.60. As each UNDP country office has a different service fee, the UNEP/AEWA Secretariat will provide service fee details individually upon request from the Parties. For any further queries on this matter, please do not hesitate to contact the UNEP/AEWA Secretariat at aewa.secretariat@unep-aewa.org

We greatly appreciate your cooperation and continued support in implementing these new procedures, which aim to facilitate the process of fulfilling financial commitments towards AEWA. The Secretariat very much hopes that this new payment method will help Parties to clear arrears and enable the Secretariat to fulfill the Parties’ mandates and provide additional support to Parties through projects despite the limitations of the very tight budget.

 

Last updated on 23 September 2024