The Nineteenth Meeting of the Executive Committee decided:
(a) for a trial period of 18 months, to consider an umbrella project as eligible for funding if it met all the following conditions:
(i) the umbrella project included all the remaining enterprises in a sector or subsector for which cost-effectiveness thresholds had been established by the Executive Committee;
(ii) the country concerned would submit no further requests for funding from the Multilateral Fund for any enterprise in that sector or subsector;
(iii) the overall cost-effectiveness of the umbrella project fell within the sectoral threshold established by the Executive Committee;
(iv) no individual enterprise proposal had a cost-effectiveness threshold more than 100 per cent above the established threshold;
(b) to request the Secretariat and the Implementing Agencies to discuss further the question of the percentage of a country’s original level of consumption for the sector or subsector accounted for by the enterprises included in the umbrella project and, in the light of the comments made and the experience gained, to report to the Executive Committee at its Twentieth Meeting.
(UNEP/OzL.Pro/ExCom/19/64, Decision 19/32, para. 57).
The Twentieth Meeting of the Executive Committee decided that:
(a) for the purposes of decision 19/32, a maximum limit of US $4 million would apply to terminal umbrella projects;
(b) the issue should remain open for further discussion and should be reconsidered prior to the end of the 18-month period;
(c) Decision 19/32 would not prejudice such reconsideration.
(UNEP/OzL.Pro/ExCom/20/72, Decision 20/42, para. 63).
The Twenty-third Meeting of the Executive Committee decided to review, at a later meeting, action to be taken with respect to Decision 19/32, which had been adopted for a trial period of 18 months, that period having now expired.
(UNEP/OzL.Pro/ExCom/23/68, Decision 23/22, para. 46(b)).
The Twenty-fourth Meeting of the Executive Committee decided to request the Secretariat and the Implementing Agencies to meet, as a matter of priority, in the period prior to the next meeting of the Committee in order to examine the issues raised by terminal umbrella projects in light of the deliberations at the current Meeting. In particular, that meeting would need to examine a possible new methodology to be applied to such projects in order to obtain a satisfactory level of information about enterprises on which to base funding decisions and the necessary safeguards that should be put in place to ensure phase-out. It should submit, to the next meeting of the Committee, a paper on the problems faced and possible solutions to expedite the approval of such projects.
(UNEP/OzL.Pro/ExCom/24/47, Decision 24/22, para. 45).