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The
Fifteenth Meeting of the Executive Committee recommended the following
procedure for use by the Committee for releasing funds exclusively to projects
cleared for approval during the Fifteenth Meeting of the Executive Committee:
1. the Executive Committee will add a new
procedure called `cleared for approval pending availability of funds'. Projects
cleared for approval will be identified in the Report of the Meeting with their
corresponding recommended levels of funding.
2. to comply with the Terms of Reference for the
Multilateral Fund, the projects cleared for approval do not constitute a
financial commitment from the Committee until sufficient contributions are
received.
3. when sufficient funds have been received, the
Treasurer, through the Fund Secretariat, will notify all members of the
Executive Committee and will release the recommended levels of funding to the
pertinent agency. Such release of funds will be recorded in the Report of the
Sixteenth Meeting of the Executive Committee.
4. projects cleared for approval at the
Fifteenth Meeting will take precedence over other projects submitted subsequently
to the Executive Committee.
(UNEP/OzL.Pro/ExCom/15/45,
para. 121).
The
Sixteenth Meeting of the Executive Committee approved a framework that was
transparent, objective and fair, and addressed the situation where the projects
submitted exceeded the resources available (under the framework, resources
would be divided into distinct slices for various categories of projects,
including slices for low-consuming countries and support projects).
(UNEP/OzL.Pro/ExCom/16/20
(paras. 17,
23).
The
Sixteenth Meeting of the Executive Committee decided to implement on a trial
basis for projects submitted to the Seventeenth Meeting of the Executive
Committee the following operation framework whereby projects could be
prioritized, and that it should be reviewed at the Eighteenth Meeting: the
Executive Committee will approve eligible projects, but if the projects
submitted exceeded the resources available it would approve projects up to the
amounts available. Any remaining eligible projects would be for priority
funding at the next meeting.
(UNEP/OzL.Pro/ExCom/16/20
(paras. 24,
32a).
The
Sixteenth Meeting of the Executive Committee agreed to reserve:
(a) US $8,379,591 as a discretionary fund
which could be applied to projects, sectors, or countries it might wish to
target or give special consideration to in 1995;
(b) US $3,900,000 for funding recycling
projects (including halon banking);
(c) US $6,630,000 exclusively for allocation
to projects from low-ODS-consuming countries. This amount would be in addition
to any funds received as a result of approval of projects from
low-ODS-consuming countries that qualified under the cost-effectiveness
thresholds listed above;
(d) US $5 million to cover 1995 Implementing
Agency work programmes and support projects, US $3,157,851 of which had
been approved at the current meeting under agenda item 6; and
(e) US $13 million to account for bilateral
activities that could be applied against 1995 contributions from non-Article 5
countries.
(f) the Executive Committee noted that it was
difficult to determine cost-effectiveness thresholds for the mobile air
conditioner and compressor sub-sectors and therefore agreed that an amount of
US $8,900,000 should be reserved for funding these projects in 1995.
(UNEP/OzL.Pro/ExCom/16/20,
para. 32).
The
Seventeenth Meeting of the Executive Committee adopted a framework for resource
allocation, the solution set out in Annex IX.8. Under that solution, projects
that had been recommended for blanket approval at the Seventeenth Meeting would
be submitted to the Executive Committee for its approval up to the limit of
funds available. Any projects with blanket approval not funded at the
Seventeenth Meeting would go to the Eighteenth Meeting without further review.
In addition, projects listed in Annex I of the overview of issues identified
during project review (UNEP/OzL.Pro/ExCom/17/3 Rev.1), together with projects
listed in Annex II of the report of the Sub-Committee on Project Review if
resubmitted by the Implementing Agencies, would be reviewed by the Secretariat and
the Project Review Sub-Committee prior to the Eighteenth Meeting. Both those
categories would be funded ahead of new projects received. Projects in these
categories recommended for approval would form a consolidated list with the
blanket approval projects remaining from the Seventeenth Meeting, and that list
of projects would have priority for funding over any new projects submitted to
the Eighteenth Meeting. Similarly, eligible projects not funded at the
Eighteenth Meeting would be carried over to the Nineteenth Meeting and be
funded ahead of any new projects received.
(UNEP/OzL.Pro/ExCom/17/60,
Decision 17/20 para. 29a).
The
Eighteenth Meeting of the Executive Committee decided :
(a) that any new project proposals submitted to,
but not funded at, the Eighteenth Meeting should form part of the 1996 business
plans of the Implementing Agencies and be funded ahead of new projects
submitted to the Nineteenth Meeting. Commencing in 1997, all new projects
approved by the Executive Committee would receive funding in accordance with
the business plans;
(b) that, when allocating resources for 1996, the
Executive Committee should adhere to the framework, sector allocations and
methodologies agreed and applied at its Sixteenth and Seventeenth Meetings.
(UNEP/OzL.Pro/ExCom/18/75, Decision 18/11a, b para. 23).
The
Nineteenth Meeting of the Executive Committee decided:
(a) in accordance with decision 18/11,
subparagraph (a), to approve for funding at the Nineteenth Meeting the projects
and activities approved as eligible for funding, but not funded, at the
Eighteenth Meeting, as indicated in Annex IV to the report of that Meeting
(UNEP/OzL.Pro/ExCom/18/75);
(b) to approve as eligible for funding the
projects and activities listed in Annex IV to the final report of the meting;
(c) to note that, since the projects carried over
from the Eighteenth Meeting, the four institutional-strengthening extensions
and the UNEP work programme together totaled US $28,106,763, giving a
remaining balance of US $1,715,388, no funds were currently available for
the new investment projects, the cost of which amounted to approximately
US $21.8 million; and
(d) in view of the likelihood that an amount of
funds to cover the new projects approved for funding would be deposited
relatively soon, as stated by the Treasurer and certain members of the
Executive Committee in the course of the Meeting, to request the Treasurer,
when sufficient funds have been received, to notify all members of the
Executive Committee, through the Fund Secretariat, and to release the
recommended levels of funding to the pertinent agencies, in order to fund
simultaneously all of the new projects approved for funding.
(UNEP/OzL.Pro/ExCom/19/64,
Decision 19/14, para. 32).
The
Twenty-third Meeting of the Executive Committee decided:
(a) to request the Secretariat to work together
with the Implementing Agencies to charge some items in the non-investment
category to other categories in order to allow more room in the non-investment
category;
(b) to request the Secretariat to define
separately a specific figure for institutional strengthening projects under the
non-investment category.
(UNEP/OzL.Pro/ExCom/23/68,
Decision 23/45, para. 73).
At
the Twenty-ninth Meeting of the Executive Committee the balance of the
Multilateral Fund resources available for committal stood at about
US $19.6 million, while the projects recommended for approval at the
meeting totaled about US $83.6 million. Therefore, the Executive Committee
decided that the Work Programme Amendments and the UNEP Work Programme for 2000
should be funded first, followed by the most cost-effective projects, to be
determined on a percentile basis. As further contributions were received, the
Treasurer would be instructed to release the funds for approved projects
immediately to the Implementing Agencies concerned.
(UNEP/OzL.Pro/ExCom/29/65,
Decision 29/66, paras. 95
and96).
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