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… as on efficiency in terms of transaction costs, and their allocation among stakeholders. In contrast to fees or … accept facile explanations of success or failure in the allocation of any resource. As this chapter will suggest, the … 51 finance. Earmarking precludes the allocation of the budget to those activities with the highest …

… of legislation, the formulation of policies or the allocation of resources (Guidelines 18-33, UNEP 2002). States …

… that are potentially relevant; • Decide on the allocation of institutional responsibility for various …

… underlying the 2005 adoption of the GEF Resource Allocation Framework, and its relationship to the Fourth …

… should be considered to foster equitable and ef!cient allocation of bene!ts; (c) The use of valuation methods …

… should be considered to foster equitable and efficient allocation of benefits; (c) The use of valuation methods …