A/HRC/12/WG.2/TF/2 page 19 financing initiatives to fight diseases of the poor depend for the most part on sources outside public institutions and public accountability systems. 80. The task force welcomes as consistent with the right to development the support provided by the Global Fund to Fight AIDS, Tuberculosis and Malaria for strengthening health systems in developing countries. The task force finds Global Fund programmes to be generally consistent with right to development principles, although it does not take an explicit rights-based approach. The task force also notes the challenges of monitoring mechanisms for mutual accountability. 7. Development Agenda of the World Intellectual Property Organization 81. Established in 2007, the WIPO Development Agenda is an important initiative designed address the development dimensions of intellectual property and access to global technology for development, to which target 8F of Millennium Development Goal 8 refers. From the perspective of the right to development, the task force considers that the exploration of transfer of technology should not be limited to information and communication technology but should cover a broad range of transfer of technology issues, including intellectual property. 82. The task force considers that the value of the WIPO Development Agenda for the realization of the right to development lies primarily in the potential enhancement of transfer of technology to developing countries and related increase of access to knowledge and technology, in conformity with the human right of all “to participate in the cultural life of the community, to enjoy the arts and to share in scientific advancement and its benefits.”1 8. Clean development mechanism 83. Consistent with its broad approach to target 8F of Millennium Development Goal 8, the task force regards the clean development mechanism as an arrangement of value to the climate change dimension of the right to development insofar as the transfer of green technology can enhance the prospects for sustainable development in developing countries. In this regard, the task force attaches importance to article 4.1 of the Framework Convention on Climate Change, which requires all parties to promote and cooperate in the development, application and diffusion, including transfer, of technologies, practices and processes that control, reduce or prevent anthropogenic emissions of greenhouse gases. 84. The task force regards the clean development mechanism as a significant example of stimulating sustainable development through emission reduction and of allowing industrialized countries some flexibility in meeting their reduction limitation targets. The registration of 1,391 projects in just three years is one impressive outcome of the mechanism. However, the task force is concerned that Africa accounts for only 2.27 per cent of registered projects. 85. The mechanism contains elements of equity, participation, empowerment and sustainability, which all underscore its relevance in the promotion of the right to development and the importance of close monitoring of these elements to ensure that it makes a positive contribution to this right. 1 Universal Declaration of Human Rights, art. 27.