The Thirty-eighth Meeting of the Executive Committee decided:

(a) to note with appreciation the report of the Fund Secretariat on the Technical Workshop on Concessional Lending (UNEP/OzL.Pro/ExCom/38/67 and Corr.1) as well as the report of UNEP on the proceedings of the workshop (UNEP/OzL.Pro/ExCom/38/Inf.2);

(b) to express gratitude to the Government of Japan for the convening of the technical workshop with the assistance of UNEP;

(c) to note that the technical workshop served for useful exchange of views between Article 5 countries and non-Article 5 countries on concessional lending;

(d) to further note that the respective reports contained useful information on the modalities of concessional lending and their practical applications;

(e) to acknowledge the significant progress achieved in discussing the issue of concessional lending at the technical workshop and at the 38th Meeting of the Executive Committee;

(f) to include an item on concessional lending on the agenda of the 39th Meeting of the Executive Committee.