Switzerland is backing its bold diplomatic rhetoric with serious capital. To secure the secretariat, the government has unveiled a formidable financial package designed to outmatch competitors. The Confederation is prepared to inject a recurring CHF 500,000 annually into the panel's operations, ensuring long-term stability for the organization.
But the commitment doesn't stop there. To guarantee a flying start, Switzerland has pledged an additional CHF 1 million specifically to launch the panel's initial activities. Furthermore, the bid includes a guarantee of CHF 50,000 per year for office space within the International Environment House until at least 2029, alongside a one-off allocation of CHF 10,000 per employee to staff the secretariat. In an era where multilateral institutions often grapple with "limited resources," as noted by Schneeberger, this financial security is a powerful lure. Switzerland is signaling that it is ready to shoulder the burden to ensure the ISP-CWP becomes an operational reality immediately.