Following the presentation, the Executive Committee decided:
- To approve the demonstration project for conversion from HCFC-22 technology to ammonia/CO2 technology in the manufacture of two-stage refrigeration systems for cold storage and freezing applications at Yantai Moon Group Co. Ltd., at a level of US $3,964,458, plus agency support costs of US $297,334 for UNDP;
- To request UNDP and the Government of China to deduct 13.75 ODP tonnes (250 metric tonnes) of HCFCs from the starting point for sustained aggregate reductions in eligible consumption, as set by China’s HCFC phase-out management plan;
- To request UNDP to provide to the Secretariat at the end of each year of the project’s implementation period, or part thereof, progress reports that addressed the issues pertaining to the collection of accurate data in line with the objectives of decision 55/43(b); and
- To note that the funding provided under this demonstration project, as well as the funding level for particular items, was not indicative of future funding levels for similar conversions.