Decision 35/12

December 2001
UNDP | UNIDO | World Bank
Report on balances and availability of resources

Having considered the comments and recommendations of the Sub-Committee on Monitoring, Evaluation and Finance (UNEP/OzL.Pro/ExCom/35/4, paras. 32 to 35), the Executive Committee decided:

(a) To note the report contained in document UNEP/OzL.Pro/ExCom/35/14 and UNEP/OzL.Pro/ExCom/35/14/Corr.1;

(b) To note that the level of funds being returned to the 35th meeting was US $1,683,603 from UNDP, US $1,093,144 from UNIDO, and US $2,456,916 from the World Bank;

(c) To note with concern that it appeared that projects had been prematurely classified as completed although they had not been completed, and requested the agencies to adhere strictly to Decision 28/2 when classifying all projects as completed.