5. Funding activities (Proposal for additional subheading)**
11. The funding shall be used to enhance actions on adaptation, mitigation, and technology development and transfer, as well as related capacity-building.
The financial mechanism shall fund the following:
(a) The agreed full costs for the preparation of national communications of developing country Parties;
(b) The agreed full incremental costs incurred by developing country Parties of implementing measures covered by Article 4.1 of the Convention, including for the transfer of technology, for, inter alia, the following:
(i) Adaptation in accordance with Article 4.4 and 4.9 of the Convention;
(ii) Mitigation;
(iii) The deployment and diffusion of low-GHG emitting and environmentally sound
technologies (ESTs);
(iv) The research and development of technologies;
(v) Capacity-building for mitigation and adaptation actions;
(vi) The preparation of national action plans and their implementation;
(vii) Patents;
(viii) For technical assistance to build the readiness of developing country Parties to access large pool of financing;
(ix) Any other funding decisions as may be determined by the COP.
(c) Funding for the development and transfer of technology as a means of implementation shall be used for, inter alia, technology development, deployment and transfer, capacitybuilding and risk management, including insurance. It will also financially cover the implementation of action programmes developed under the Convention, such as NAPAs and TNAs, and other programmes that may be identified in the financial needs assessment project under the Convention.
