5. Institutional arrangements
Guiding framework
17. Institutional arrangements,
Option 1
[to support actions referred to in paragraph 2 above, taking into account the principles referred to in paragraphs 3 and 4 above, shall operate under the authority and guidance of, and be fully accountable to, the COP.]
Option 2
[to support actions referred to in paragraph 2 above, as part of the institutional framework proposed to support nationally appropriate mitigation actions in developing countries, taking into account the principles referred to in paragraphs 3 and 4 above, shall operate under the authority and guidance of, and be fully accountable to, the COP.]
Parties shall be represented in an equitable and balanced manner in these institutional arrangements and they shall operate in a fully transparent, efficient, effective mode[, and using existing institutional arrangements to the extent possible].
