The Thirty-ninth Meeting of the Executive Committee decided:
(a) to note the consolidated 2003 business plan of the Multilateral Fund contained in UNEP/OzL.Pro/ExCom/39/8/Rev.1;
(b) to adopt 2003 phase-out targets of 22,936 ODP tonnes for consumption and 10,663 ODP tonnes for production, and a 2003 disbursement target of US $121 million for activities financed by the Multilateral Fund;
(c) to request the Secretariat:
(i) to identify funds not required in the current business plan year beginning with 2003 for possible allocation to the next business plan year for the needs of the Implementing Agencies in assisting Article 5 Parties to meet their compliance targets;
(ii) to propose for consideration by the Executive Committee at its 40th Meeting, criteria for the redeployment of identified funds to additional projects designed to meet additional compliance needs of Article 5 Parties to assist in early phase-out and/or maintain momentum.
(UNEP/OzL.Pro/ExCom/39/43, Decision 39/6, para. 37).
(Supporting document: UNEP/OzL.Pro/ExCom/39/8/Rev.1).