The ICCM resolution established the QSP Trust Fund Implementation Committee which consists of representatives of participating organizations of the Inter-Organization Programme for the Sound Management of Chemicals (IOMC)*.
The Implementation Committee meets yearly to review and appraise project proposals seeking funding through the trust fund. The Implementation Committee also makes recommendations on the trust fund application procedures and project management to the Executive Board. The Implementation Committee reports to the Executive Board through a committee of the Board comprising regional representatives and donors to the trust fund.
The trust fund was formally closed to new contributions at the fourth session of the International Conference on Chemicals Management (ICCM4) held in 2015. Limited remaining funds are being allocated to approved projects in the order agreed by the Trust Fund Implementation Committee.
*The participating organizations of IOMC are the Food and Agriculture Organization of the United Nations (FAO), the International Labour Organization (ILO), the Organisation for Economic Cooperation and Development (OECD), the United Nations Development Programme (UNDP), the United Nations Environment Programme (UNEP), the United Nations Industrial Development Organization (UNIDO), the United Nations Institute for Training and Research (UNITAR) and the World Health Organization (WHO).