The Executive Committee decided:
- To approve, in principle, stage I of the HCFC phase-out management plan (HPMP) for the Bolivarian Republic of Venezuela for the period 2011 to 2015, at the amount of US $2,044,068, comprising US $1,758,500, plus agency support costs of US $131,888 for UNIDO, and US $136,000, plus agency support costs of US $17,680 for UNEP;
- To note that the Government of the Bolivarian Republic of Venezuela had agreed to establish an estimated baseline of 220.7 ODP tonnes as its starting point for sustained aggregate reduction in HCFC consumption, calculated using actual consumption of 216.2 ODP tonnes reported for 2009 and consumption of 225.2 ODP tonnes estimated for 2010, plus 1.91 ODP tonnes of HCFC-141b contained in imported pre-blended polyol systems, resulting in 222.6 ODP tonnes;
- To deduct 23.16 ODP tonnes of HCFCs from the starting point for sustained aggregate reduction in HCFC consumption;
- To approve the draft Agreement between the Government of the Bolivarian Republic of Venezuela and the Executive Committee for the reduction in consumption of HCFCs, as contained in Annex XXXVIII 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;
- To request UNIDO to submit the fourth (2015) tranche with verification of consumption for 2013, which would include, inter alia, comparisons between data from the National Ozone Unit and from the customs authority, as well as other input by the customs authority, as necessary; and
- To approve the first tranche of stage I of the HPMP for the Bolivarian Republic of Venezuela, and the corresponding implementation plan, at the amount of US $761,198, comprising US $654,854, plus agency support costs of US $49,114 for UNIDO, and US $50,646, plus agency support costs of US $6,584 for UNEP.