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Global Environment Facility

- established with Rio Earth Summit of 1992.

- Headquarter: Washington, USA.

- managed by the UNDP, the World Bank, and UNEP.

- It provides funds to the developing countries and transition economies for projects related to climate change, biodiversity, the ozone layer, etc.

- It is a financial mechanism for 5 major international environmental conventions
1. United Nations Framework Convention on Climate Change (UNFCCC),
2. The United Nations Convention on Biological Diversity (UNCBD),
3. The Stockholm Convention on Persistent Organic Pollutants (POPs),
4. The United Nations Convention to Combat Desertification (UNCCD), and
5. The Minamata Convention on Mercury

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National Authority for Recycling of Ships.

News:
Recently, Centre has notified the Directorate General of Shipping as the National authority for recycling of ships.

- Under Recycling of Ships Act, 2019.

 Roles and functions
- An apex body to administer, supervise and monitor all activities relating to ship recycling in the country.

- It will be a final authority for the various approvals required by the ship-recycling yard owners and state governments.

Hong Kong Convention for Ship Recycling:

- under International Maritime Organization (IMO) in 2009
- for the Safe and Environmentally Sound Recycling of Ships
- India is a signatory.