forms an integral part of the MTSP financed by a Bank loan. Both the GEF project and MTSP
would be appropriately coordinated and sequenced to ensure optimum results. Through the
mutual relationship between GEF, UNDP, UNEP and the Bank, the project is institutionally
The GEF project would be financed from the GEF Trust Fund managed by the Bank and linked to the Strategic Partnership for Sustainable Development of the LMEs of East Asia, its
financing arm the Strategic Partnership Investment Fund for Pollution Reduction of the LMEs of
East Asia, and its regional agency, the Partnership in Environmental Management for the Seas of
East Asia (PEMSEA). The partnership arrangements are described in Annex 17