Decision 41/72

Having considered the comments and recommendations of the Sub-Committee on Project Review (UNEP/OzL.Pro/ExCom/41/14, paragraphs 135 and 136), the Executive Committee decided to approve the ODS phase-out plan for the solvent sector in Argentina at a level of funding of US $635,986 plus agency support costs of US $47,699 for UNIDO, with the following understandings:

1. The Government of Argentina commits itself to phasing out the consumption of CTC, TCA and CFC-113 through implementation of the ODS phase-out plan in the solvent sector in Argentina according to the following phase-out schedule:

2. The Government of Argentina agrees that no additional Multilateral Fund resources would be requested for activities in the solvent sector, except for the phase-out of bromochloromethane (BCM). A future proposal might be submitted, consistent with Multilateral Fund rules in effect at the time, for a level of consumption not exceeding 1.405 ODP tonnes of BCM;
3. The Executive Committee agrees to provide Argentina with flexibility in using the agreed funds consistent with operational procedures, as agreed between the Government of Argentina and UNIDO in the phase-out plan in the solvent sector;
4. The Government of Argentina agrees that appropriate legislation will be put in place by 2005;
5. The Government of Argentina agrees to ensure accurate monitoring of the phase-out and to provide annual reports on the verified level of consumption of CTC, TCA and CFC-113; and
6. UNIDO will be responsible, inter alia, for the following:
   1. Reporting annually on the implementation of all activities funded under the sector plan; and
   2. Providing verification to the Executive Committee annually that ODS consumption phase-out in the solvent sector has been completed based on the schedules listed in the table above.