China: Sector plan CFC final phase-out: domestic refrigeration and domestic refrigeration compressors (second tranche) (UNIDO) (UNEP/OzL.Pro/ExCom/41/28)
Having considered the recommendations of the Sub-Committee on Project Review (UNEP/OzL.Pro/ExCom/41/14, paragraph 123), the Executive Committee decided:
- To approve the second funding tranche of the above project at the level of US $2,171,539 plus agency support costs of US $192,239 for UNIDO;
- To request the Secretariat to disburse US $1,085,770 plus US $96,120 in support costs, pending completion by the Secretariat and UNIDO of a further examination of the possibility of redeployment of equipment from two cancelled projects to the sector plan, if necessary bringing in independent experts to assess the condition and the value of the equipment;
- To authorize the Secretariat to disburse the balance to UNIDO, upon completion of the examination, after taking into account the value from reuse of some or all of the equipment; and
- To request the Secretariat to report to the Executive Committee on the final disbursement and the return of any unallocated funding.