Common use of Objective of the Fund Clause in Contracts

Objective of the Fund. The objective of the Fund is to continue to provide strategic assistance to non-governmental and private sector organizations for the protection of vital ecosystems listed in Schedule I, in IBRD member countries that have ratified the Convention on Biological Diversity. The Parties hereby declare their commitment to such objective and agree to cooperate towards the achievement of such objective within the context of the mechanisms and procedures set forth in this Agreement.

Objective of the Fund. The objective of the Fund is to continue to provide strategic assistance to non-non- governmental and private sector organizations for the protection of vital ecosystems listed in Schedule I, in IBRD member countries that have ratified the Convention on Biological Diversity. The Parties hereby declare their commitment to such objective and agree to cooperate towards the achievement of such objective within the context of the mechanisms and procedures set forth in this Agreement.