Institutions
19. Referring to the functions identified in paragraph 18 (a)(c) above, the COP [shall] [should]:
(a) Develop the necessary arrangements identified in paragraphs 7 and 9 above (Means of implementation)
(b) Establish [a board] to manage financial arrangements;
(c) Establish an expert group or a committee supported by a technical panel/ technical panels to advise the specialized funds or funding windows;
20. Referring to the functions identified in paragraph 18 (e)(f) above, the COP [shall] [should] establish [facilitate the establishment of] the following institutions:
(a) Regional REDD centres for capacity-building of MRV functions;
(b) [An expert review team] [ A measurement, reporting and verification technical panel] for the verification of actions[, in the case of sub-national scale activities by an independent body];
(c) [A technical panel comprised of experts from developed and developing countries, represented in a balanced and equitable manner, for measurement, reporting and verification of support actions.
(d) An entity or group of entities or bodies designated by the COP [to verify and certify the emission reductions [or removals] achieved] [to assess the emissions and removals].
