| dc.description | The United Nations Environment Programme (UNEP) is mandated to assist and support Member States to protect the environment by inspiring, informing and giving them the means to improve the living standards of their populations without compromising those of future generations. The Programme’s headquarters is in Nairobi, but it has a global presence of six regional offices and eight country/liaison offices, and collaborative arrangements and secretariat functions in several other countries. It has 1,141 staff members, of whom 445 are based in Nairobi. Total income for the 2012-2013 biennium was $943.4 million, while total expenditure was $751.4 million, resulting in an excess of income over expenditure of $192 million, mainly attributed to $131.7 million received in the fourth quarter of 2013. UNEP also administers and controls 14 multilateral environmental agreements, mainly conventions set up to implement protocols related to the core mandate of the Programme. The income ($214.8 million) and the expenditure ($177.7 million) of the multilateral environmental agreements have been included in the consolidated financial statements of UNEP. The financial statements also include separate statements for the income, expenditure, assets and liabilities of the Trust Fund for the Multilateral Fund for the Implementation of the Montreal Protocol on Substances that Deplete the Ozone Layer. The Trust Fund had reported an income of $266.2 million and expenditure of $298.7 million, resulting in a shortfall of income over expenditure of $32.5 million in the current biennium. The shortfall was further increased to $40.2 million after reflecting prior-period adjustments of $7.7 million which, in turn, decreased the reserve balance to $322.5 million as at 31 December 2013. The Board of Auditors has audited the financial statements and reviewed the operations of the Fund of the United Nations Environment Programme for the biennium ended 31 December 2013. The audit was carried out through the examination of financial transactions and operations at UNEP headquarters in Nairobi, Kenya. | |
