Decision 64/38

The Executive Committee decided:

1. To approve, in principle, the HCFC phase-out management plan (HPMP) for Saint Vincent and the Grenadines for the period 2011 to 2025 to phase out 100 per cent of HCFC consumption, at the amount of US $526,039, consisting of US $345,800 plus agency support costs of US $44,954 for UNEP, and US $124,115 plus agency support costs of US $11,170 for UNIDO, on the understanding that no more funds would be available for HCFC phase-out in the country after 2025;
2. To note that the Government of Saint Vincent and the Grenadines had agreed to establish as its starting point for sustained aggregate reduction in HCFC consumption an estimated baseline of 0.28 ODP tonnes, calculated using actual consumption of 0.41 ODP tonnes reported for 2009 under Article 7 of the Montreal Protocol and estimated consumption of 0.15 ODP tonnes for 2010;
3. To deduct 0.28 ODP tonnes of HCFCs from the starting point for sustained aggregate reduction in HCFC consumption;
4. To approve the draft Agreement between the Government of Saint Vincent and the Grenadines and the Executive Committee for the reduction in consumption of HCFCs, as contained in Annex XIX to the present report, on the understanding that the country could submit the request for the final tranche, presently foreseen for 2025, as early as 2020 if HCFC consumption had been completely phased out at that time;
5. 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 change in the 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
6. To approve the first tranche of stage I of the HPMP for Saint Vincent and the Grenadines, and the corresponding implementation plan, at the amount of US $198,349, consisting of US $55,809 plus agency support costs of US $7,255 for UNEP, and US $124,115 plus agency support costs of US $11,170 for UNIDO.