
Recurrent costs of a project should continue to be considered on a case-by-case basis depending on the merits of the project.
(UNEP/OzL.Pro/ExCom/11/36, para. 116).
Given the uncertainty associated with projecting future cash flows, recurrent costs would be considered for a transitional period as defined in document on Incremental Cost Policies and Operational Interpretation (UNEP/OzL.Pro/ExCom/10/39 and its Annexes). In cases where recurrent costs were not considered as defined in the document and its Annexes, a justification for that approach must be given to the Executive Committee by the Implementing Agency.
(UNEP/OzL.Pro/ExCom/10/40, para. 171B).
(Supporting document: UNEP/OzL.Pro/ExCom/10/39).
