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Replenishments of the Multilateral Fund


1994-1996 replenishment

At the Fourth Meeting of the Parties, the total contribution to the Fund for 1993 was set at US $113.34 million. The Parties committed themselves to a replenishment of the Fund in order to meet on grant or concessional terms the requirements of Parties operating under paragraph 1 of Article 5 of the Protocol, in respect of agreed incremental costs. Thus, a level of contribution of US $340-500 million was recommended for 1994-1996. The total contribution to the Fund for 1994 will not be less than the commitments for 1993.

The Fifth Meeting, the Parties adopted the budget for 1994-1996 of US $510 million for the Multilateral Fund for the implementation of the Montreal Protocol with the understanding that US $55 million of that sum will be provided by funds unallocated during the 1991-1993 period.

(UNEP/OzL.Pro/4/15 Decision IV/18 (section I.3).

(UNEP/OzL.Pro/5/12 Decision V/9 (section 1).


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