Completed projects with balances

(a) that project balances should be returned to the Multilateral Fund at the latest 12 months after project completion;

(b) to request Implementing Agencies to report to the Executive Committee if they could not close the accounts on a project within 12 months after project completion;

(c) also to request Implementing Agencies to report to the Executive Committee cases where they could not liquidate their remaining obligations within 12 months after project completion.

(b) to request a report from each agency, to be submitted to the Thirtieth Meeting of the Executive Committee, on the extent to which the Implementing Agencies’ share of the project balances from projects completed through 1998 has been obligated;

(c) that where there were still balances that had not been committed or obligated for projects completed by December 1997, those amounts should be made available for utilization by the Executive Committee at its Thirtieth Meeting.

The Thirtieth Meeting of the Executive Committee decided to request the Secretariat to liaise with the Implementing Agencies to refine further the un-obligated balances and un-liquidated obligations included in the following table and to indicate a time for return of the balances to the Fund in time for the Thirty-first Meeting.

Agency	Balances from completed projects through 1998 (US$)	Obligations (US$)	Funds to be returned (US$)	Un-obligated balances (US$)
UNEP	2,404,858	1,931,979	481,365	0
UNIDO	7,287,129	4,652,911	336,091	2,134,079
World Bank	11,319,764	3,296,410	5,350,629	5,969,134
Total	21,011,751	9,881,300	6,168,085	8,103,213

The Thirty-second Meeting of the Executive Committee decided that balances from completed recurring projects should be returned to the Fund for reprogramming.

(b) to urge Implementing Agencies to specify a date on which funds would be returned for all projects;

(c) to note that UNIDO had indicated that it would return US $700,000 of its US $2.2 million in unobligated balances within one month, and that it would report on the schedule for returning funds on 16 projects by the Thirty-fourth Meeting;

(d) to request the Multilateral Fund Secretariat to ensure that UNIDO reported unobligated balances in the same way as the other Implementing Agencies;

(e) to note with appreciation the reports on completed projects with balances from the Governments of Australia, Canada, Denmark, France, and the United States of America and the four Implementing Agencies contained in UNEP/OzL.Pro/ExCom/33/15 and Add.1.

The Thirty-fourth Meeting of the Executive Committee decided to request UNIDO and the World Bank, at the 35th Meeting, to specify a date on which funds would be returned for those projects where no date was specified, pursuant to Decision 33/11(b).

The Thirty-fifth Meeting of the Executive Committee decided to note with concern that it appeared that projects had been prematurely classified as completed although they had not been completed, and requested the agencies to adhere strictly to Decision 28/2 when classifying all projects as completed.

(ii) the levels of funds being returned to the 38th Meeting totaling US $3,751,490 including support costs as follows by agency: US $283,783 from UNDP and agency support costs of US $30,468; US $174,000 from UNEP and agency support costs of US $22,620; US $1,770,088 from UNIDO and agency support costs of US $232,629, and US $1,147,692 from the World Bank and agency support costs of US $90,210;

(iii) that Implementing Agencies had balances totaling US $2,422,895 excluding support costs from projects completed over two years previously: UNDP (US $664,430 plus support costs); UNIDO (US $1,547,147 plus support costs); and the World Bank (US $211,318 plus support costs);

(b) to urge Implementing Agencies to re-assess the status of their completed projects with balances and re-classify projects as ongoing in their reports to the 39th Meeting if Decision 28/2 had not been fully complied with and reconsider the matter if balances from projects completed two years previously did not continue to be reduced;

(c) to withhold US $1,159,980 from fund transfers to the World Bank at the 38th Meeting as the World Bank had not provided sufficient explanations for not returning those support costs and any further consideration of the matter should be made contingent on the World Bank providing information required by the Secretariat for its assessments of the Bank’s compliance with Decision 35/13(k);

(d) to note that the only circumstances under which it would be possible for a portion of the support costs from cancelled projects and completed projects with savings not to be returned according to United Nations practice was when a fee was paid by the Implementing Agency to a financial intermediary to undertake a financial evaluation of the enterprise before project implementation, and the project was subsequently cancelled.

(i) the report on project balances contained in document UNEP/OzL.Pro/ExCom/41/11;

(ii) the levels of funds being returned to the Forty-first Meeting, totaling US $3,442,269 plus support costs of US $446,975 as follows by agency: US $1,337,614 from UNDP and agency support costs of US $173,252, including reimbursement of funds previously returned in error for two projects by UNDP; US $364,882 from UNEP and agency support costs of US $47,435; US $601,841 from UNIDO and agency support costs of US $78,237, including reimbursement of funds for 17 projects due to necessary adjustments to reconcile the accounts; and US $1,137,932 from the World Bank and agency support costs of US $148,051;

(iii) that Implementing Agencies had balances totaling US $408,477, excluding support costs from projects completed over two years previously: UNDP (US $255,399 plus support costs); UNEP (US $62,610 plus support costs); and the World Bank (US $90,468 plus support costs); and

(iv) that the Government of Israel had returned US $64,177 plus support costs of US $5,847 by making a cash contribution to the Treasurer for the international methyl bromide compliance assistance workshop (GLO/FUM/37/TRA/240).

(a) to note both the level of funds being returned to the 42nd Meeting against project balances totaling US $2,574,926: UNDP - US $526,643 including reimbursement of funds previously returned in error for two projects; UNIDO - US $1,048,283; and the World Bank - US $1,000,000; and additionally the return of support costs totaling US $280,891: UNDP - US $68,463 including reimbursement of support costs previously returned in error for two projects; UNIDO - US $117,428; and the World Bank - US $95,000; and

(b) also to note that Implementing Agencies had balances totaling US $513,207 excluding support costs from projects completed over two years previously: UNDP - US $388,882 plus support costs; UNEP - US $33,857 plus support costs; and the World Bank - US $90,468 plus support costs.

(i) the report on project balances contained in document UNEP/OzL.Pro/ExCom/43/4;

(ii) the levels of funds being returned to the 43rd Meeting against project balances totalling US $960,388 (UNDP US $617,556 net of reimbursement of funds previously returned in error for six projects by UNDP; UNEP US $214,930; UNIDO US $27,470; and the World Bank US $100,432 net of the funds returned by UNDP for the Thai institutional strengthening project to be transferred to the World Bank), and additionally the return of support costs totalling US $107,885 (UNDP US $80,078 net of reimbursement of support costs previously returned in error for six projects by UNDP; UNEP US $19,289; UNIDO US $3,484; and the World Bank US $5,034 net of reimbursement of support costs associated with the transfer of the Thai institutional strengthening project);

(iii) that Implementing Agencies had balances totalling US $1,093,535 excluding support costs from projects completed over two years previously as follows: UNDP (US $808,118 plus support costs); and the World Bank (US $285,417 plus support costs);

(iv) that US $41,950,720 was available to the Executive Committee for approvals at the 43rd Meeting; and

(b) to present future reports on balances and on the availability of resources, noting the balances of unliquidated obligations emanating from multi-year agreements which could not be returned.

(i) the report on project balances contained in document UNEP/OzL.Pro/ExCom/45/4;

(ii) the net level of funds being returned from the multilateral Implementing Agencies to the 45th Meeting against project balances totalling US $4,222,859, including the return of US $263,533 from UNDP; US $40,000 from UNEP; US $485,945 from UNIDO; and US $3,433,381 from the World Bank;

(iii) the net level of support costs being returned from the multilateral Implementing Agencies to the 45th Meeting against project support cost balances totalling US $519,343, including the return of US $33,923 from UNDP; US $5,200 from UNEP; US $59,063 from UNIDO; and US $421,157 from the World Bank;

(iv) that multilateral Implementing Agencies had balances totalling US $47,929, excluding support costs, from projects completed over two years previously: UNDP US $42,611 plus support costs; and UNEP US $5,318 plus support costs; and that the amount of balances from such projects was the lowest achieved since such balances began to be monitored by the Executive Committee at its 28th Meeting;

(v) the return of US $110,352 from UNDP on behalf of Australia, including earnings on interest amounting to US $68,190, for the completed recovery and recycling project in Viet Nam (VIE/REF/20/DEM/14), and the treasurer’s adjustments to Australia’s bilateral contributions and cash contributions, and that the interest was credited as interest collected on Fund balances instead of additional contributions from Australia;

(b) to request the treasurer to offset the return of US $75,353 to Germany from the Azckon refrigeration project in the Philippines (PHI/REF/23/INV/53);

(c) to note that Germany would transfer the interest amounting to US $36,710 to the treasurer, which should be credited as interest collected on Fund balances instead of additional contributions from Germany; and

(d) to note that US $88,629,484 was available to the Executive Committee for approvals at the 45th Meeting.

(b) the net level of funds being returned by the multilateral Implementing Agencies to the 46th Meeting against project balances totalling US $1,983,485, including the return of US $69,845 from UNDP; US $1,216,495 from UNEP; US $18,797 net of reimbursement of funds previously returned twice for one project from UNIDO; and US $678,348 from the World Bank;

(c) the net level of support costs being returned by the multilateral Implementing Agencies to the 46th Meeting against project support cost balances totalling US $246,548, including the return of US $9,040 from UNDP; US $142,965 from UNEP; US $6,362 net of reimbursement of support costs previously returned twice for one project by UNIDO; and US $88,181 from the World Bank;

(d) that Implementing Agencies had balances totalling US $2,940,519 excluding support costs from projects completed over two years previously: UNDP US $484,719 plus support costs; UNEP--US $40,063 plus support costs; and the World Bank--US $2,415,737 plus support costs; and

(e) that US $91,985,148 was available to the Executive Committee for approvals at the 46th Meeting.

(a) the report on balances and availability of resources contained in documents UNEP/OzL.Pro/ExCom/48/4 and Add.1;

(b) the net level of funds being returned by the multilateral implementing agencies to the 48th Meeting against project balances totalling US $751,179 that included the return of: US $372,434 from UNDP; US $136,537 net of reimbursement of funds previously returned in error for three projects from UNEP; US $247,596 from UNIDO; and US $5,388 reimbursement to the World Bank to account for the funds previously returned in error for one project;

(c) the net level of support costs being returned by the multilateral implementing agencies to the 48th Meeting against project support cost balances totalling US $77,291 that included the return of: US $46,296 from UNDP; US $10,279 net of reimbursement of support costs previously returned in error for three projects from UNEP; US $28,323 from UNIDO; and US $7,607 reimbursement to the World Bank to account for the support costs previously returned in error for one project;

(d) that implementing agencies had balances totalling US $11,812,361, excluding support costs from projects completed over two years previously: UNDP US $824,798 plus support costs; UNEP US $119,467 plus support costs; UNIDO US $165,063 plus support costs; and the World Bank US $10,703,033 plus support costs;

(e) the transfer of US $114,480 plus agency fees of US $10,303 from the World Bank to UNDP for the project “Phase-out of CTC as process agent in the elimination of nitrogen trichloride during chlorine production at Prodesal S.A.” (COL/PAG/47/INV/64) and to request the Treasurer to make the necessary adjustments;

(f) that US $192,547 plus agency support costs of US $25,031 in bilateral cooperation for Germany approved in the 2003 to 2005 triennium for the national ODS phase-out plan in Cuba, including US $116,000 plus agency support costs of US $15,080 from the 2005 annual implementation plan (CUB/PHA/45/INV/30), as well as US $76,547 plus agency support costs of US $9,951 from the first tranche of the plan (CUB/PHA/43/TAS/25), should be offset against future approvals for Germany;

(g) that US $319,681 plus agency support costs of US $41,559 in bilateral cooperation for France, approved in the 2003 to 2005 triennium for the national ODS phase-out plan in Cuba, including US $200,000 plus agency support costs of US $26,000 approved at the 45th Meeting for the 2005 annual implementation plan (CUB/PHA/45/INV/31), as well as the remaining balance of funds totalling US $119,681 plus agency support costs of US $15,559 approved for the first tranche of the plan (CUB/PHA/43/TAS/27), should be offset against approvals for France;

(h) the transfer of US $20,000 plus agency fees of US $1,500 from UNDP to UNIDO for project preparation for a fumigant (methyl bromide) project in Zimbabwe (ZIM/FUM/45/PRP/31) and to request the Treasurer to make the necessary adjustment; and

(i) that US $41,771,843 was available to the Executive Committee for approvals at the 48th Meeting.

(a) the report on balances and availability of resources contained in document UNEP/OzL.Pro/ExCom/49/4 and Add.1;

(b) the net level of funds being returned by the multilateral implementing agencies to the 49th Meeting against project balances totalling US $4,324,771, including the return of US $650,450 from UNDP, US $50,803 from UNEP, US $216,855 from UNIDO, and US $3,406,663 from the World Bank;

(c) the net level of support costs being returned by the multilateral implementing agencies to the 49th Meeting against project support cost balances totalling US $532,132, including the return of US $82,209 from UNDP, US $12,076 from UNEP, US $26,190 from UNIDO, and US $411,657 from the World Bank;

(d) that implementing agencies had balances totalling US $14,550,486 excluding support costs from projects completed over two years previously, including US $366,760 plus support costs from UNDP, US $258,155 plus support costs from UNEP, US $223,151 plus support costs from UNIDO, and US $13,702,420 plus support costs from the World Bank; and

(e) that US $31,529,502 was available to the Executive Committee for approvals at the 49th Meeting.