Decision 59/2

The Executive Committee decided to note:

1. The report on balances and availability of resources contained in document UNEP/OzL.Pro/ExCom/59/4;
2. That the net level of funds being returned by the implementing agencies to the 59^th Meeting was US $874,815 against projects, comprising US $347,295 from UNDP, US $222,248 from UNEP, US $155,272 from UNIDO and a return of US $150,000 from the World Bank to be transferred to UNEP and UNIDO in equal shares;
3. That the net support costs being returned by the implementing agencies to the 59^th Meeting were US $441,446 against projects, comprising US $29,396 from UNDP, US $26,227 from UNEP, US $14,504 from UNIDO, US $371,319 from the World Bank from its 2008 core unit budget and the programme support costs associated with the transfer of the HCFC phase-out management plan preparation project in Ecuador;
4. That the net funds and support costs of US $201,706 being returned by bilateral agencies to the 59^th Meeting comprised US $200,945 returned by France and US $761 from Italy, and to request the Treasurer to follow up with France and Italy on the cash transfer of those amounts;
5. That implementing agencies had a total balance of US $4,880,613, excluding support costs, from projects completed more than two years previously, which comprised US $530,378 from UNDP, US $1,061,888 from UNEP, US $874,893 from UNIDO and US $2,413,454 from the World Bank; and
6. That Australia had balances totalling US $78,087, Finland US $34,022 and France US $87,848, including support costs.