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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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