Decision 44/47

Following a discussion, the Executive Committee decided:

1. To approve the phase-out plan in principle with the understanding that:
   1. The total level of funding of the CFC phase-out management plan for Antigua and Barbuda was US $97,300 plus support costs to the World Bank of US $8,757 to be disbursed in two tranches. That was the total funding that would be available to the Government of Antigua and Barbuda from the Multilateral Fund for the complete elimination of all CFCs in Antigua and Barbuda;
   2. The Government of Antigua and Barbuda committed itself to the phased reduction and complete phase-out of the consumption of CFCs in Antigua and Barbuda, according to the following phase-out schedule, which was at a minimum consistent with the Montreal Protocol’s control measures:

3. The second tranche would be requested at the last meeting in 2006. The Executive Committee would not be obliged to approve the second tranche unless Antigua and Barbuda had met the targets specified under subparagraph (a)(ii), and had presented a report concerning activities undertaken as well as a work plan for the implementation of the remaining phase-out;
4. The Government of Antigua and Barbuda agreed that no additional resources would be requested from the Multilateral Fund or bilateral agencies for activities related to the phase-out of CFCs. The Executive Committee agreed to provide Antigua and Barbuda with flexibility in using the agreed funds consistent with operational procedures as agreed between Antigua and Barbuda and the World Bank in the CFC phase-out management plan;
5. The Government of Antigua and Barbuda agreed to ensure accurate monitoring of the phase-out and to provide regular reports, as required by its obligations under Article 7 of the Montreal Protocol, by 30 September each year; and

6. The World Bank would be responsible for reporting annually on the implementation of activities funded under the CFC phase-out management plan for Antigua and Barbuda and would provide a report, including customs data, to the Executive Committee annually on the reduction of CFC consumption; and

   (b)  The Executive Committee approved US $69,400 plus support costs of US $6,246 for the World Bank for the first biannual implementation programme.