
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).
