Having considered the comments and recommendations of the Sub-Committee on Monitoring, Evaluation and Finance (UNEP/OzL.Pro/ExCom/37/4, paras. 26 and 27), the Executive Committee decided:
(a) To note UNDP’s progress report contained in UNEP/OzL.Pro/ExCom/37/13;
(b) To note that through May 2001, UNDP had 259 projects that it had classified as completed for over one year with remaining balances totalling US $3,952,495;
(c) To note that UNDP would report to the 38th meeting on up to 79 projects with implementation delays including 28 projects that were so classified the previous year;
(d) To continue to monitor the project“Conversion from CFC-11 to LIA technology in the manufacture of flexible polyurethane boxfoam” at two Argentinean enterprises: La Cardeuse and Jovis in Argentina (ARG/FOA/31/INV/111); and returning the balances corresponding to two bankrupt companies (Cosmos and Mircropore) to the Multilateral Fund;
(e) To cancel the project“Phase-out of CFC-11 and CFC-12 by conversion to HCFC‑141b and HFC-134a, respectively in the manufacture of commercial refrigeration equipment at Quena S.A.” in Costa Rica (COS/REF/27/INV/20);
(f) To cancel the project“Elimination of CFCs 11 and 12 in the manufacture of domestic freezers at Jilin Jinouer Electric Appliances Group Co.” in China (CPR/REF/23/INV/225);
(g) To reimburse US $105,826 plus support costs to UNDP for project balances that had been returned by UNDP but against which disbursements were charged. In so doing, the Executive Committee notes the inaccurate data reporting from UNDP and notes that UNDP would be further modifying its reported disbursements for projects contained in its progress report for US $245,899 that was incorrectly assigned to the wrong project accounts that resulted in apparent project overruns which did not exist;
(h) To note the phase-out target for the China solvent sector phase-out plan had been achieved through the implementation of previously approved projects;
(i) To note that the agreements for the Chilean methyl bromide phase-out project (CHI/FUM/32/INV/143), and Peru’s methyl bromide phase-out project (PER/FUM/31/INV/28) were back on track, and that the agreement for Costa Rica’s methyl bromide project (COS/FUM/35/INV/25) had not been signed.