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The Fourth Meeting of the Parties
established the Financial Mechanism, including the Multilateral Fund provided
for in Article 10 of the Montreal Protocol as amended at the Second Meeting of
the Parties. The Parties decided that any resources remaining in the Interim
Multilateral Fund shall be transferred to the Multilateral Fund. The Parties
adopted the terms of reference of the Multilateral Fund and of the Executive
Committee which should continue to operate under the agreements, procedures and
guidelines applicable to the Interim Multilateral Fund.
(UNEP/OzL.Pro/2/3 Decision II/8, para. 1). Appendix IV of Decision II/8, para. 14).
(UNEP/OzL.Pro/4/15 Decision
IV/18 (sections I.1, I.2, I.5,
I.7).
(Supporting document:
UNEP/OzL.Pro/2/3 Annex IV, Appendix IV).
(UNEP/OzL.Pro/4/15 Annexes IX, X).
The Seventh Meeting of the Parties requested
the Executive Committee to consider innovative mobilization of existing and
additional resources in support of Protocol objectives and any further action
by the end of 1996 and to report thereon to the Eighth Meeting of the Parties;
and that the actions set out in Annex I.1 should be taken to improve the
functioning of the Financial Mechanism.
(UNEP/OzL.Pro.7/12 Decision VII/22).
The
Eighth Meeting of the Parties requested the Executive Committee to move
forward as expeditiously as possible on decision VII/22, and in particular
Actions 5, 6, 10, 11, 14 and 21, and to report back to the Ninth Meeting of the
Parties.
(UNEP/OzL.Pro.8/12,
Decision VIII/5).
The Eighth Meeting of the Parties decided:
1. to note with appreciation the measures taken
by the Executive Committee to improve the Financial Mechanism;
2. to request the Executive Committee to
continue with further actions to implement decision VII/22 to improve the
Financial Mechanism and report to the Meetings of the Parties annually.
(UNEP/OzL.Pro.8/12, Decision VIII/7, para. 1 and 2).
The
Twenty-first Meeting of the Executive Committee, having considered the report
on actions to improve the functioning of the Financial Mechanism
(UNEP/OzL.Pro/ExCom/21/33), which had been prepared in response to
decision VIII/5 of the Eighth Meeting of the Parties, decided:
(a) that
the report should be forwarded to the Open-ended Working of the Parties at its
fifteenth meeting, with the amendments agreed to by the Executive Committee at
its Twenty-first Meeting;
(b) that,
at its Twenty-second Meeting, the Executive Committee should hold a substantive
discussion on measures to be taken to move forward on the actions referred to
in decision VIII/5 of the Eighth Meeting of the Parties to the Montreal
Protocol.
(UNEP/OzL.Pro/ExCom/21/36, Decision 21/38, para. 54).
(Supporting document: UNEP/OzL.Pro/ExCom/21/33).
The Twenty-second Meeting of the Executive
Committee decided:
(a) to defer to its Twenty-third Meeting the
substantive discussion, called for by its Decision 21/38, on measures to be taken to move forward on the actions referred
to in decision VIII/5 of the Eighth Meeting of the Parties, expressing the hope
that the subject could be taken up early in the meeting;
(b) to agree that its report on actions to improve
the functioning of the Financial Mechanism to forwarded to the Open-Ended
Working Group of the Parties at its Fifteenth Meeting, would first be reviewed
on its behalf by the Chairman, the Vice-Chairman and the representatives of
India and the United States.
(UNEP/OzL.Pro/ExCom/22/79/Rev.1, Decision 22/73, para. 104).
The
Twenty-third Meeting of the Executive Committee decided:
(a) to
examine the subject again at a subsequent meeting (i.e., actions to improve the
Financial Mechanism), in time for a report to be submitted to the Tenth Meeting
of the Parties;
(b) to
request the World Bank to submit the concessional financing study to the
Executive Committee at its Twenty-fourth Meeting.
(UNEP/OzL.Pro/ExCom/23/68,
Decision 23/49, para. 87).
The Tenth Meeting of the Parties decided:
1. to note with appreciation the work and the
report of the Executive Committee on the measures taken to improve the
Financial Mechanism and technology transfer and on its excellent functioning in
1998;
2. to request the Executive Committee to report
annually to the Meetings of the Parties on the operation of the Financial
Mechanism and the measures taken to improve the operation.
(UNEP/OzL.Pro.10/9,
Decision X/31).
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