16. Article

The Conference of the Parties shall, in addition, undertake a periodic review of the financial mechanism to assess the adequacy, effectiveness and accessibility of financial resources, including for the delivery of capacity-building and the transfer of marine technology, in particular for developing States Parties. PART VIII IMPLEMENTATION AND COMPLIANCE Article 53 Implementation Parties shall take the necessary legislative, administrative or policy measures, as appropriate, to ensure the implementation of this Agreement. Article 54 Monitoring of implementation Each Party shall monitor the implementation of its obligations under this Agreement and shall, in a format and at intervals to be determined by the Conference of the Parties, report to the Conference on measures that it has taken to implement this Agreement. Article 55 Implementation and Compliance Committee