The Thirty-ninth Meeting of the Executive Committee decided:
(a) to take note of the report on financial planning for the triennium 2003-2005 contained in UNEP/OzL.Pro/ExCom/39/7;
(b) to adopt a resource allocation of US $224 million in 2003, US $191 million in 2004, and US $158 million in 2005;
(c) to urge countries with economies in transition that had not previously paid to pay their contributions to the Fund for the 2003-2005 triennium to enable the compliance of Article 5 countries with the 2005 and 2007 control measures of the Montreal Protocol, and to avoid shortfalls arising from non-payment or delayed payment of pledged contributions during the compliance period for Article 5 countries;
(d) also to urge contributing Parties to make their payments for the year 2003 by June 2003, in accordance with paragraph 7 of decision XI/6 of the Eleventh Meeting of the Parties, to enable the timely implementation of the three-year phase-out plan;
(e) that the US $248 million in resources available for new commitments should be allocated according to the compliance needs of Article 5 countries;
(f) that the total allocation for the bilateral projects during the triennium, 2003-2005, was US $47.4 million for planning purposes only, not as an absolute cap on the value of bilateral projects that could be submitted;
(g) to request contributing Parties that had not submitted an annual business plan for 2003 and/or a three-year business plan to do so prior to the 40th Meeting of the Executive Committee;
(h) also to request the Sub-Committee on Monitoring, Evaluation and Finance to consider, at its 20th Meeting, the allocation of any resources from the total bilateral allocation not anticipated to be required by contributing Parties based on the bilateral business plan submitted to the 40th Meeting of the Executive Committee, in view of the compliance requirements of all Article 5 Parties;
(i) to note that the level of the bilateral allocation planned for the triennium did not limit the right of a party to use up to 20 per cent of its contribution for bilateral projects.
(UNEP/OzL.Pro/ExCom/39/43, Decision 39/5, para. 36).
(Supporting document: UNEP/OzL.Pro/ExCom/39/8/Rev.1).
Also, at its Thirty-ninth Meeting, the Executive Committee decided not to consider project proposals for phase-out that was not included in the 2003-2005 phase-out plan of the Multilateral Fund until the availability of funding for accelerated phase-out had been clarified and appropriate criteria for approval had been adopted.
(UNEP/OzL.Pro/ExCom/39/43, Decision 39/49, para. 87).