Decision 75/57

The Executive Committee decided:

1. To note the progress report on the implementation of the fourth tranche of the room air‑conditioning manufacturing (RAC) sector plan of stage I of the HCFC phase-out management plan (HPMP) for China;
2. To request the Government of China and UNIDO to submit progress reports on the implementation of the work programme associated with the final tranche on a yearly basis until the completion of the project, verification reports until approval of stage II, and the project completion report six months after the operational completion of the sector plan and no later than the final meeting of the Executive Committee in 2019;
3. To approve the fifth and final tranche of the RAC sector plan of stage I of the HPMP for China, and the corresponding 2016 tranche implementation plan, in the amount of US $11,250,000, plus agency support costs of US $787,500 for UNIDO, noting that China had the flexibility to convert one heat-pump production line to R-290 on an exceptional basis; and
4. To request the Treasurer to offset future transfers to UNIDO by US $94,424, representing interest accrued by the Government of China up to 31 December 2014 from funds previously transferred for the implementation of the RAC sector plan as per decision 69/24.