Decision 52/34

July 2007
China
World Bank
Projects approved / deferred / transferred

Following a discussion, the Executive Committee decided:

  1. To approve the annual implementation programme for 2007; and
  2. To authorize using the flexibility provided for under the agreement between China and the Executive Committee of the Multilateral Fund for CFC phase-out in the polyurethane foam sector, approved by Executive Committee decision 35/48, to allow funds to be directed to enterprises established between 25 July 1995 and 7 December 2001, on the understanding that that would not change existing Executive Committee guidelines for determining eligible incremental costs for consumption and production.