The Permanent Forum welcomes the initiative of the Inter-Agency Support Group on Indigenous Issues to create a working group on finance. The Forum encourages the working group to consult Forum members regularly and to build initiatives to strengthen the capacity of Indigenous Peoples to manage finance and access financial institutions.
The Permanent Forum recognizes the importance of financing for Indigenous Peoples and appreciates the Global Environment Facility’s target of allocating 20 per cent of its funds to support initiatives for Indigenous Peoples. The Forum urges the Facility to create direct financing mechanisms for Indigenous Peoples.