the Kick-off Meeting for USAID Sustainable Coral Triangle project

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29 April 2024 - 30 April 2024

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Financial Regulation & Financial Policies and Procedures Manual 2023

Document Date: 09 May 2023
Author: CTI-CFF RS

Coral Triangle Initiative on Coral Reefs, Fisheries and Food Security (CTI-CFF) is a multilateral partnership of six countries – Indonesia, Malaysia, Papua New Guinea, Philippines, Solomon Islands and Timor-Leste – to safeguard the Coral Triangle region over the concern of increasing level of degradation of the marine and coastal ecosystems.

The partnership aims to address the threats through collaborative and concerted eforts, taking into consideration multi-stakeholder participation. At the global scale, the partnership’s goal is to contribute to the achievement of the UN Sustainable Development Goals (SDGs) and the Aichi Biodiversity Target as agreed in the UN Convention on Biological Diversity (CBD), as well as in the UN Framework Convention on Climate Change (FCCC), to sustain life on earth.

The 8th CTI-CFF Ministerial Meeting held on 29 November 2022 has approved and endorsed on the amendments made to the Financial Regulations and the Financial Policies and Procedures Manual for effective functioning of the Regional Secretariat in line with the current and future development. The Regional Secretariat is expected to carry out its day-to-day function, guided by principles and ideals which the CTI-CFF upholds.

It is my privilege to present the Financial Regulations and Financial Policies and Procedures Manual, with the hope that it can provide better guidance to all staffs, the CTI-CFF member countries, partners and stakeholders on the governance and functions of the CTI-CFF Regional Secretariat.