Decision 62/55

The Executive Committee decided:

1. To approve, in principle, stage I of the HCFC phase-out management plan (HPMP) for Colombia, at the amount of US $7,338,594, comprising US $6,721,483, and agency support costs of US $504,111 for UNDP, and US $100,000, and agency support costs of US $13,000 for UNEP, noting that US $5,621,483, and agency support costs of US $421,611 for UNDP, had been approved at the 60^th meeting for the phase-out of 56.02 ODP tonnes of HCFCs used in the production of polyurethane rigid insulation foam in the domestic refrigerator subsector;
2. To note that the Government of Colombia had agreed at the 62^nd meeting to establish as its starting point for sustained aggregate reduction, the estimated baseline of 223.4 ODP tonnes, calculated using actual consumption reported in 2009 and estimated consumption for 2010;
3. To deduct 22.9 ODP tonnes of HCFCs from the starting point for sustained aggregate reduction in HCFC consumption.
4. To approve the Agreement* between the Government of Colombia and the Executive Committee for the reduction in consumption of HCFCs, as contained in Annex XX to the present report;
5. To request the Fund Secretariat, once the baseline data were known, to update Appendix 2-A to include the Agreement with the figures for maximum allowable consumption, and to notify the Executive Committee of the resulting levels of maximum allowable consumption accordingly; and
6. To approve the first tranche of stage I of the HPMP for Colombia, and the corresponding implementation plan, at the amount of US $486,500, comprising US $400,000, and agency support costs of US $30,000 for UNDP, and US $50,000, and agency support costs of US $6,500 for UNEP.

• This agreement was revised as per Decision 66/30.