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The
Twenty-first Meeting of the Executive Committee decided:
(a) to take note of the three-year (1997-1999)
business plan of the Multilateral Fund;
(b) to note that decision 21/3, subparagraph (b),
by which it decided to allocate all of the US $74 million carry-over
from the triennium 1994-1996 to the budget for 1997, would be reflected in
section III of the 1997-1999 business plan;
(c) that sections III and IV of the plan should be
revised, and that section V should be expanded to take into account the
comments made during the meeting;
(d) to note the need to improve the business plans
for the year 1998 and future years, bearing in mind that, in preparing previous
business plans, the most effective procedure had not always been followed,
namely, planning of activities first, to be followed by implementation, which
would be monitored, and, on the basis of that monitoring, revision and
continuation of the activities.
(UNEP/OzL.Pro/ExCom/21/36,
Decision 21/4 (para 10).
(Supporting document: UNEP/OzL.Pro/ExCom/21/6).
The
Twenty-second Meeting of the Executive Committee decided:
(a) to endorse the targets for ODS approvals and
expenditures for the triennium, noting that the 1998 and 1999 figures were
indicative only and would be reviewed at the next meeting of the Executive
Committee, and taking into consideration the following elements:
(i) the
Multilateral Fund, in 1997 and the first half of 1998, would give priority to
approving projects with the highest ODP value and short implementation duration
for countries that had yet to meet their freeze obligations. This would allow
these projects to be implemented before 1 July 1999 in order to curtail the ODS
consumption growth in these countries;
(ii) the
Fund would continue to provide funding for all ODS consumption sectors to
enable all Article 5 countries to maintain the momentum of phase-out according
to the strategies in their country programmes;
(iii) halon
would continue to receive high priority due to its high ODP value and the
cost-effectiveness of halon phase-out projects. This would include
consideration of the first sectoral phase-out programme from an Article 5
country in the halon sector;
(iv) the
Fund would continue the practice of setting up a special allocation for LVCs.
Implementing Agencies should be encouraged to target funds to assist those
countries;
(v) funding
of full and gradual closure projects in the production sector would be
considered during this triennium. Considering that the guidelines for shutting
down ODS production facilities would be ready in 1997, and project formulation
would be under way in the same year, allocations for the production sector
would be made in 1998 and 1999;
(vi) future
budgets should include project preparation funds for investment projects under
investment, rather than non-investment, allocations;
(b) to request the Secretariat to send letters
around mid-year to all countries involved in bilateral activities, asking
whether they intended to utilize the full amount allocated to them for
bilateral activities. If they did not intend to do so, those funds could be
reallocated;
(c) to insert a new line in Table 3 of the
three-year business plan of the Multilateral Fund (UNEP/OzL.Pro/ExCom/22/12),
after the investment line, entitled "Funds reserved for preparation of
investment projects";
(d) to take into account the possible increase in
the importance of non-investment projects. (UNEP/OzL.Pro/ExCom/22/79/Rev.1, Decision 22/11 (para 26).
(Supporting document: UNEP/OzL.Pro/ExCom/22/12).
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