Dirac Equation and Relativistic Relationships in Quantum Mechanics
Exploring the Dirac equation for a free particle and a hydrogen atom, this lecture delves into the effects of relativistic and non-relativistic mechanics on quantum phenomena. The treatment of Fermi particles and the implications of various equations are discussed, including rearrangements proposed by J. J. Sakurai in Advanced Quantum Mechanics. The lecture also covers the four-component wavefunction of a free Fermi particle and details the use of Pauli matrices in quantum mechanics.
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Presentation Transcript
The GEF Trustee Intro to the GEF Training May 28-29, 2015 Trust Funds and Partnerships (DFPTF) Development Finance (DFi)
Presentation Outline I. GEF Governance Structure II. Roles and Responsibilities of the Trustee III. The GEF Funds Flow IV. Financial Procedures Agreement V. Reporting Requirements under the FPA VI. GEF Trustee Team 2
GEF Governance Structure Accountable to the Council GEF Council Holds in trust the assets which constitute the Fund Several World Bank departments involved (DFPTF, CTR, LEG, TRE) GEF Secretariat at World Bank (functionally independent) World Bank as Trustee for GEF Trust Fund Administers the Fund in accordance with the provisions of the Instrument World Bank UNDP UNEP Implementing Agencies STAP Cooperate and coordinate I. The Role of the Trustee
Roles and Responsibilities of the Trustee Trustee s role and fiduciary responsibilities are set forth in the GEF Instrument, Annex B. Resource Mobilization Financial management Reporting and Compliance Resource mobilization Replenishment Contribution management, implementation of GEF Replenishment, etc. Investment management of GEF resources held in trust. Financial projections and cash flow forecasting. Recording of funding decisions and monitoring of funding availability for GEF Trust Fund. Transfer of funds to agencies under provisions of FPA. Prepare semi-annual reports for Council on the financial situation of GEF Trust Fund. Prepare monthly reports for Secretariat on funds availability and the status of contributions paid-in. Coordinate external audit of the GEF Trust Fund and provide financial statements of the GEF Trust Fund. Provide input to GEF Business Plans and Budgets for submission to Council. Ensure compliance with Instrument and other legal documents. 4
The GEF Funds Flow [for Full size Project] Implemen- tation Funding Decisions Replenishment and Contribution Management Returned Funds from Agencies Released from Commitment Release from set-aside Billing : IoC deposited with Trustee Funding Approved by Council Funding Endorsed by CEO Funding Committed by Trustee Funding Set aside by Trustee Cash received (USD) Note received Funding Availability for programming decision Transferred to Agencies Pledge : Recorded Note encashed Restricted resources 5
Financial Procedures Agreements A set of legal documents governing the business relationship between the IBRD as the Trustee of the GEF Trust Fund and the GEF Agencies, setting definitions and rules for: Commitment of funds by Trustee Amount, date of Council approval/CEO endorsement Letters of Commitment Setting financial liability for Agencies including adjustments for cancellation and closed projects and fees Transfer of funds to GEF Agency Use of funds by GEF Agency In accordance with Agency s policies and procedures Trustee is not responsible for use of funds by Agency Reflows from GEF Agency to the Trustee Investment income arrangements Reporting requirements (Quarterly, Semi-annual and Annual)
Reporting Requirements under the FPA Section 12.2- Information provided to the Trustee are as follows: (a) Quarterly Report on Agency Approvals (b) Quarterly Report on Agency Project Cancellations (c) Quarterly Report on Agency Fee Cancellation (d) Quarterly Report on Financially Closed Projects (e) Quarterly Report on Reflows of Funds (f) Investment Income Report for the Semester (g) Annual Financial Statement (h) Other reports as my be requested by Trustee Section 12.3 Annual Reconciliation Report will be provided by Trustee to the Agency for Agency s conformity within 45 days after receipt of the report. In the event of discrepancy, Agency must inform Trustee and reconcile the information contained in the report. 7
GEF Trustee Team Team Lead Client relations and Fund management: Mr. Praveen Desabatla (pdesabatla@worlbank.org) Portfolio management, Analytics and Reporting: Mr. Chandrasekhar Sirigiri (csirigiri@worldbank.org ) Contribution management and Agency liaison: Ms. Marizmelda Carbonell Dugayo (mdugayo@worldbank.org) Disbursement management and Internal Controls: Ms. Lewam Afework Nerayo (lnerayo@worldbank.org) Operational Support Ms. Rahayu Novianty (rnovianty@worldbank.org) 8
Questions We welcome your questions. 9
