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Financial Audits of Regional Secretariat of CTI-CFF For Financial Year Ended 31 December 2021

Date: 2 December 2021
End Date: 15 December 2021
Status: Closed

The CTI-CFF is an international organization that was officially launched on 15 May 2009 during the Summit of Heads of States of Indonesia, Malaysia, Papua New Guinea, Philippines, the Solomon Islands, and Timor- Leste or called as CT6 as stated in the “CTI Leader’s Declaration” with a view of working together to sustain extraordinary marine and coastal resources including coral reefs, sea-grasses, mangrove ecosystems, and their fishes in the coral triangle area by addressing crucial issues such as food security, climate change and marine biodiversity.

The multilateral partnership of six countries aims to facilitate regional collaboration around sustainable development policies and practices related to marine resource exploitation by combining solid conservation actions with good governance while also recognizing the distinct political, economic, environmental and social challenges of each individual CT6 country.

In the same year, the CT6 governments developed an ambitious and visionary 10-year Regional Plan of Action (RPOA). It captured the joint priorities and commitments of each government and reflects extensive inputs from many partners. RPOA was intended to serve as a rallying point for collective and parallel action at regional, national, and sub-national levels. Currently, the CT6 governments are in the process of renewing the strategic plan for the next 10 years (i.e. RPOA 2.0).

Over the past years, the implementation has taken many forms. At the regional level, multilateral action is undertaken by the CT6 governments, along with coordinated action by CT6 partners operating at the regional scale (e.g., funding agencies, international Non-Governmental Organizations [NGOs], and private sector companies). At the national level, broad stakeholder alliances collaborate around a shared national agenda in each country. And at the sub-national level, local governments and local stakeholders carry out collaborative efforts to generate needed impacts on-the-ground. A set of coordination mechanisms help catalyse this collective action, connect key actors, and maintain momentum.

Please See the Attached Document for further information.

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TOR Financial Audit 2021.pdf411.96 KB

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