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Study to evaluate the Financial Mechanism of the Multilateral Fund

The Fortieth Meeting of the Executive Committee decided:

(a)  to note the comments of the Executive Secretary of the Ozone Secretariat (i.e., Decision VI/6 had provided for the Ozone Secretariat to fund the first such study and that a similar proposal would be considered at the next Meeting of the Parties); and

(b)  to set aside US $500,000 from the funds returned by the implementing agencies at the 40th Meeting of the Executive Committee pending a decision by the 15th Meeting of the Parties on how to fund a study to evaluate the financial mechanism of the Multilateral Fund.

(UNEP/OzL.Pro/ExCom/40/50, Decision 40/56, para. 112).


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