The Executive Committee recommended that the Seventh Meeting of the Parties, through the Open-ended Working Group of the Parties at its Eleventh Meeting, should give consideration to the following:
(a) that, as a consequence of active and welcome action within Article 5 countries, there had been a substantial increase in project development and presentation and, therefore, in funding requests;
(b) in this regard, the level of contributions agreed for the 1994-1996 period, was not expected to enable approval in 1995 of a significant proportion of projects that had already been identified by Implementing Agencies and Article 5 countries; and
(c) the current difference between available funds and anticipated project requests could mean that the phase-out efforts of Article 5 countries would be slower than otherwise possible and could also be expected to create a number of other difficulties in smooth implementation of Article 5 ODS phase-out programmes.
(UNEP/OzL.Pro/ExCom/16/20, para. 32h).