text: figures, management and functioning of the proposed fund should also be elaborated. One delegation voiced the opinion that complementarity with the fund administered for the same purpose by the United Nations Enviroment Programme (UNEP) and the World Bank should also be examined. 65. On developing a directory of hazardous technologies and their safer and cleaner alternatives, delegations agreed that the underlying objective of that proposal was sound and that a joint effort between the Centre, UNEP, the United Nations Industrial Development Organization and the Centre for Science and Technology for Development could enhance that work and fill in the gaps in the existing information sources. It was mentioned that any useful directory would have to be based on an independent technology assessment for sustainable and environmentally sound development. 66. As to the normative work of the Centre, the majority of the delegations expressed their satisfaction and appreciation of the work of the Centre ~n drafting the criteria on sustainable development management. Delegations noted that the criteria, if implemented by transnational corporations, would be a constructive step towards sustainable development, although one delegation observed that if examined closely, the criteria contained suggestions and proposals already dealt with by a number of transnational corporations. One delegation pointed ?ut that . the criteria, while focusing on environmental benefits, overlooked ~erta~n.econom~c and business considerations by transnational corporations. Delegat~ons sa~d that there should not be different environmental standards for transnational corporations and domestic firms. The representative of a non-governmental organization suggested convening a meeting two years after the adoption of the criteria in order to give transnational corporations the opportunity to report on their experience with its implementation. 67. With regard to the operational principles to strengthen the participation of transnational corporations in environmental protection, delegations observed that the Centre should continue with that work. It was considered that the functional 
analysis: The text appears to be discussing sustainable development, environmental protection, and the role of transnational corporations in these areas. It also mentions the development of safer and cleaner technologies, which suggests a focus on environmental and technological issues.