42nd Meeting - Montreal, March-April 2004

Documents UNEP/OzL.Pro/ExCom/42/46:  addresses the issues pending from the 41st Meeting of the Executive Committee of the reconciliation of 2002 accounts of the Multilateral Fund (Decision 41/10 (b)).

• Explanation of the Treasurer on adjustments requested for UNEP and UNIDO;
• Initial start-up costs of UNDP; and
• Difference between the World Bank’s progress report and the Inventory of Approved Project.

The Executive Committee may wish to consider:

 

1. Noting the report on Reconciliation of 2002 accounts of the Multilateral Fund (follow-up to Decision 41/10 (b)) as presented in UNEP/OzL.Pro/ExCom/42/46.

 

2. Noting the explanation of the Treasurer on how the following funds shown to be due to the implementing agencies were addressed in 2003 or what adjustments would be made in 2004 to provide the resources owed to the respective agencies as follows: 

 

(a) US $112,619 for UNEP.
(b) US $1,169,476 for UNIDO.

3. Agreeing the amount of the initial start-up costs for UNDP of [US $401,250/US $596,500].

 

4. Agreeing that adjustments should be made to the Inventory of Approved Projects to reflect the amounts indicated in the Bank’s progress report for the projects listed in Annex III of document UNEP/OzL.Pro/ExCom/42/46.   

 

5. Request the Treasurer to complete the reconciliation of the Accounts of the World Bank on the basis of audited 2002 Accounts and UNDP on the basis of the UNDP Comptroller’s Review based on the figures derived from the reconciliation presented in UNEP/OzL.Pro/ExCom/41/12 and UNEP/OzL.Pro/ExCom/42/46 and any relevant decisions taken at the 42nd Meeting.