David Freestone
- Published in print:
- 2006
- Published Online:
- January 2010
- ISBN:
- 9780199299614
- eISBN:
- 9780191714887
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199299614.003.0016
- Subject:
- Law, Public International Law
After more than 20 years, the United Nations Convention on the Law of the Sea (LOSC) still stands as a massive achievement in the history of codification efforts in international law. This chapter ...
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After more than 20 years, the United Nations Convention on the Law of the Sea (LOSC) still stands as a massive achievement in the history of codification efforts in international law. This chapter examines the role of the World Bank (WB) and the Global Environment Facility (GEF), the fund for which it acts both as trustee and as one of the three implementing agencies. The implementation role the LOSC itself seems to envisage for the WB, and the way this has been supplemented by the 1995 UN Fish Stocks Agreement (UNFSA), are discussed. The role and financing capability of the WB itself are also considered, along with the establishment, restructuring, and evolution of the GEF, and the role of international organisations in developing and implementing the LOSC. The chapter concludes by looking at a representative spread of the growing portfolio of projects of both the WB and GEF in the law of the sea area, including marine pollution control and fisheries management.Less
After more than 20 years, the United Nations Convention on the Law of the Sea (LOSC) still stands as a massive achievement in the history of codification efforts in international law. This chapter examines the role of the World Bank (WB) and the Global Environment Facility (GEF), the fund for which it acts both as trustee and as one of the three implementing agencies. The implementation role the LOSC itself seems to envisage for the WB, and the way this has been supplemented by the 1995 UN Fish Stocks Agreement (UNFSA), are discussed. The role and financing capability of the WB itself are also considered, along with the establishment, restructuring, and evolution of the GEF, and the role of international organisations in developing and implementing the LOSC. The chapter concludes by looking at a representative spread of the growing portfolio of projects of both the WB and GEF in the law of the sea area, including marine pollution control and fisheries management.
