42nd Meeting - Montreal, March-April 2004

The Executive Committee decided:

(a) To endorse the 2004–2006 business plan of the World Bank, as contained in documents UNEP/OzL.Pro/ExCom/42/11 and Corrs. 1 and 2, with the withdrawal of planned chiller projects in Argentina and Mexico, whose implementation by the World Bank would be subsumed into those countries’ national implementation plans, as well as the withdrawal of the accelerated CTC production phase-out project in China, while noting that endorsement did not denote approval of the projects identified therein nor their funding levels; and

(b) To approve the performance indicators for the World Bank, as contained in Annex V to the present report.