Decision 47/2

Following a discussion, the Executive Committee decided to note:

1. The report on balances and availability of resources contained in document UNEP/OzL.Pro/ExCom/47/4;
2. The net level of funds being returned by the multilateral implementing agencies to the 47^th Meeting against project balances totalling US $913,399, which included the return of US $579,606 from UNDP; US $229,269 from UNIDO; and US $104,524 from the World Bank;
3. The net level of support costs being returned by the multilateral implementing agencies to the 47^th Meeting against project support cost balances totalling US $113,555, which included the return of US $74,706 from UNDP; US $25,811 from UNIDO; and US $13,038 from the World Bank;
4. That implementing agencies had balances totalling US $2,891,059 excluding support costs from projects completed over two years previously: UNDP--US $994,163 plus support costs; UNEP--US $47,062 plus support costs; UNIDO--US $119,077 plus support costs; and the World Bank--US $1,730,757 plus support costs;
5. That US $25.2 million had been returned by the implementing agencies in 2003-2005, including funds returned by bilateral agencies for projects approved during the triennium; and
6. That US $116,969,814 was available to the Executive Committee for approvals at the 47^th Meeting.