After considering the proposal, the Executive Committee decided:
- To approve, in principle, stage I of the HCFC management plan (HPMP) for Madagascar for the period 2010-2020, at the amount of US $618,500, comprising US $300,000, and agency support costs of US $39,000 for UNEP, and US $260,000, and agency support costs of US $19,500 for UNIDO;
- To note that the Government of Madagascar had agreed at the 62nd meeting to establish as its baseline for sustained aggregate reduction in HCFC consumption the estimated baseline of 17.15 ODP tonnes, calculated using actual consumption reported in 2009 and revised estimated consumption for 2010;
- To approve the Agreement* between the Government of Madagascar and the Executive Committee for the reduction in consumption of HCFCs, as contained in Annex XI to the present report;
- To request the Fund Secretariat, once the baseline data were known, to update Appendix 2-A to the Agreement to include the figures for maximum allowable consumption and to notify the Executive Committee of the resulting levels of maximum allowable consumption, and of any potential related impact on the eligible funding level, with any adjustments needed being made when the next tranche was submitted; and
- To approve the first tranche of stage I of the HPMP for Madagascar, and the corresponding implementation plan, at the amount of US $229,600, comprising US $70,000, and agency support costs of US $9,100 for UNEP, and US $140,000, and agency support costs of US $10,500 for UNIDO.
- This Agreement was revised as per Decision 76/18