Decision 62/54

After considering the proposal, and following consultations with the Government of Sri Lanka, the Executive Committee decided:

1. To approve, in principle, stage I of the HCFC phase-out management plan (HPMP) for Sri Lanka for the period 2010-2020, at a total amount of US $710,151, comprising US $398,866, and agency support costs of US $29,915 for UNDP and US $249,000, and agency support costs of US $32,370 for UNEP, on the understanding that:
   1. US $560,000, excluding support costs, were for the servicing sector and in line with decision 60/44 to reach the 35 per cent reduction in HCFCs by 2020;
   2. US $18,866 excluding support costs, were for investment project for the phase‑out of 0.45 ODP tonnes of HCFC-141b in the domestic refrigeration manufacturing sector; and
   3. US $69,000, excluding support costs, were to fund technical assistance activities for the refrigeration and air conditioning assembly sub-sector in line with decision 62/14;
2. To note that the Government of Sri Lanka had agreed at the 62^nd meeting to establish as its starting point for sustained aggregate reduction in HCFC consumption the estimated baseline of 14.09 ODP tonnes, calculated using actual consumption reported in 2009 and estimated consumption for 2010;
3. To approve the Agreement* between the Government of Sri Lanka and the Executive Committee for the reduction in consumption of HCFCs, as contained in Annex XIX to the present report;
4. To request the Fund Secretariat, once the baseline data were known, to update Appendix 2-A to the Agreement to include the figures for the 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
5. To approve the first tranche of stage I of the HPMP for Sri Lanka, and the corresponding implementation plan, at the amount of US $334,750, comprising US $180,000, and agency support costs of US $13,500 for UNDP, and US $125,000, and agency support costs of US $16,250 for UNEP.

• This Agreement was revised as per Decision 70/15