Following informal discussions, the Executive Committee decided to approve the project proposal for the conversion from HFC-134a to isobutane (R-600a) in the manufacture of domestic refrigerators at Capri (SME Harare), in Zimbabwe, in the amount of US $462,841, consisting of US $326,954, plus agency support costs of US $22,887 for UNDP, and US $100,000, plus agency support costs of US $13,000 for the Government of France, on the understanding:
- That no further funding would be available until the instrument of ratification of the Kigali Amendment by the Government of Zimbabwe had been received by the depositary at the Headquarters of the United Nations in New York;
- That 14.50 metric tonnes (20,735 mt CO2-eq) of HFC-134a would be deducted from the starting point for sustained aggregate reduction in HFC consumption once it had been established; and
- That the project would be completed within 24 months of the transfer of funds to UNDP and the Government of France and that a comprehensive completion report would be submitted within six months of project completion, with detailed information on:
- The eligible incremental capital cost for all equipment and other components including those not funded under the project;
- Incremental operating costs;
- Any possible savings incurred during the conversion and relevant factors that facilitated implementation (e.g. whether any purchased and/or installed equipment or supplies had gone through a competitive quote/bidding process and the details thereof);
- Changes in energy efficiency of the products being manufactured and any related policies established by the Government; and
- That any remaining funds would be returned to the Multilateral Fund no later than one year after the date of project completion.