At its sixteenth session, the Subsidiary Body for Implementation initiated the process for the review of the financial mechanism, and invited Parties and intergovernmental and non-governmental organizations to provide, by 8 July 2002, information on their experience regarding the effectiveness of the financial mechanism, in accordance with the criteria set out in the guidelines contained in the annex to decision 3/CP.4 (See FCCC/SBI/2002/6, para#23 (d)). Further to the above, the secretariat has received a submission from the Climate Action Network. This submission is attached and reproduced in the language in which it was received and without formal editing