Insurance, bond and guarantee

The work of the Committee to improve the implementation of and compliance with Article 6 of the Convention on transboundary movement between Parties includes work on paragraph 11 of Article 6 of the Convention on insurance, bond and guarantee.

By its decision BC-14/15, the Conference of the Parties mandated the Committee to Invite comments from Parties and others on the guidance to improve the implementation of paragraph 11 of Article 6 of the Convention, on insurance, bond and guarantee, as set out in document UNEP/CHW.14/13/Add.3 by 30 September 2019; review and update the guidance, as needed, for consultation with the Open ended Working Group at its twelfth meeting; and prepare a revised version of the guidance for consideration and possible adoption by the Conference of the Parties at its fifteenth meeting.

During its online segment (1-3 September 2020), following its consideration of the item on consultations with the Implementation and Compliance Committee, the OEWG-12 agreed to invite Parties and observers to submit comments on the revised guidance on the implementation of paragraph 11 of Article 6 of the Convention on insurance, bond and guarantee set out in the annex to document UNEP/CHW/OEWG.12/INF/24 to the Secretariat by 15 September 2020, and to invite the Implementation and Compliance Committee to take the comments received into account in revising the documents for submission to the Conference of the Parties at its fifteenth meeting. The Group also agreed to allow a small number of Parties that had highlighted difficulties in meeting the above-mentioned deadline to submit their written comments by 21 September 2020, on the understanding that the Implementation and Compliance Committee was to meet from 21 to 25 September 2020 to finalize the guidance.

The comments received in writing during the online segment and subsequently to the segment by 15 September 2020 are set out in the table below. For information on the fourteenth meeting of the Committee, please see here.