1. The Restructured GEF Instrument is reproduced in 33 ILM (1994) 1273, as subsequently amended in March 2008. See J Werksman, Consolidating Governance of the Global Commons: Insights from the GEF, 6 Yearbook Int’l Environmental Law (1995) 27; P. Sands, Trusts for the Earth: New International Financial Mechanisms for Sustainable Development, in W. Lang (ed.), Sustainable Development and International Law (Springer 1995) pp 167ff.
2. 1155 UNTS 331.
3. The GET was established by IBRD Exec. Directors’ Res 91-5 (14 March 1991). Following the agreement to restructure the GET into the GEF the IBRD formally executed this transformation through IBRD Decision 94-2 (24 May 1994).
4. See UN Legal Counsel Opinion of 4 November 1993, UNJYB (1993) 427, pp 429–430, where it was clearly stated that the GET was expressly established in such a way as to lack an independent personality and all of its operations were to be subsumed under the international legal personality of its trustee.
5. GEF Instrument, Annex B, Role and Fiduciary Responsibilities of the Trustee of the GEF Trust Fund, para 1; Art 4, 2002 Agreement between IBRD and the Global Fund to Fight AIDS, TB and Malaria on Establishing a Trust Fund; J. Gold, Trust Funds in International Law: The Contribution of the International Monetary Fund to a Code of Principles, 72 AJIL (1978) 856, p 863.