The Steering Committee -- which includes officials from the Italian government (TWAS’s main funding agency), UNESCO (TWAS’s administrative agency) and the Academy -- meets once a year to assess the Academy’s progress in advancing its goals and to provide advice on how TWAS might be able to fulfil its mandate more effectively. Steering Committee members will review the Academy’s strategic objectives and programmatic activities; assess the financial accounts of the previous year; and formally approve the budget for the current year of operation.