The Seventh Meeting of the Executive Committee recommended that the resources of the Fund can cover expenses incurred for CFC phasing-out activities undertaken only after a country has ratified the Montreal Protocol and qualified as an Article 5 Paragraph 1 country. It also concluded that the resources of the Fund may be extended to cover the agreed incremental costs of projects that had not received prior approval by the Executive Committee (retroactive funding) provided that:
(a) they were incurred by an Article 5, paragraph 1 country subsequent to the date on which it became a Party to the Montreal Protocol, and
(b) they meet the eligibility criteria.
(UNEP/OzL.Pro/ExCom/7/30, para. 85 and Annex V).
(Supporting document: UNEP/OzL.Pro/ExCom/7/30 Annex V).
The Twentieth Meeting of the Executive Committee decided to request the Secretariat to prepare a policy paper for consideration at the Twenty-first Meeting on the issue of retroactive funding as a whole, covering inter alia the years to be used as a basis for determining ODS consumption, in order to give guidance to the Implementing Agencies.
(UNEP/OzL.Pro/ExCom/20/72, Decision 20/26, para. 37).
The Twenty-second Meeting of the Executive Committee took note of the suggestion made by one member to the effect that, because very few projects were being submitted for retroactive funding, it might be necessary to encourage the submission of such projects, for example by waiving the need to apply the cost-effectiveness thresholds to them. The Committee decided to take note of the report of the Secretariat on retroactive funding and of the above comments made by one member.
(UNEP/OzL.Pro/ExCom/22/79/Rev.1, Decision 22/72 (paras. 102, 103).
(Supporting document: UNEP/OzL.Pro/ExCom/22/75).