Requests for financing incremental costs of a project shall take into account the following general principles:
(a) the most cost-effective and efficient option should be chosen, taking into account the national industrial strategy of the recipient Party. It should be considered carefully to what extent the infrastructure at present used for production of the controlled substances could be put to alternative uses, thus resulting in decreased capital abandonment, and how to avoid deindustrialization and loss of export revenues;
(b) consideration of project proposals for funding should involve the careful scrutiny of cost items listed in an effort to ensure that there is no double-counting;
(c) savings or benefits that will be gained at both the strategic and project levels during the transition process should be taken into account on a case-by-case basis, according to criteria decided by the Parties and as elaborated in the guidelines of the Executive Committee;
(d) the funding of incremental costs is intended as an incentive for early adoption of ozone protecting technologies. In this respect the Executive Committee shall agree which time scales for payment of incremental costs are appropriate in each sector.
(UNEP/OzL.Pro/2/3 Appendix I of Decision II/8, para. 1).
(UNEP/OzL.Pro/4/15 Decision IV/18 (section I.6).
(Supporting document: UNEP/OzL.Pro/2/3 Annex IV, Appendix I).
(UNEP/OzL.Pro/4/15 Annex VIII).