Decision 88/5

The Executive Committee decided:

1. To note the reconciliation of the 2020 accounts contained in document UNEP/OzL.Pro/ExCom/88/6;
2. To request the Treasurer to deduct from future transfers to UNEP, US $1,080,630, on account of income from interest earned in 2020 and prior years reported in its 2020 final accounts that had yet to be offset against new approvals;
3. To request UNDP to make adjustments of US $6,740 in its 2021 progress report, representing the amount withheld as a penalty in relation to a project (SRL/PHA/86/INV/58);
4. To request UNEP to make adjustments of US $4,723 in its 2021 progress report, representing the amount withheld as a penalty in relation to a project (SRL/PHA/86/TAS/56);
5. To request UNIDO to make adjustments of US $2,022,000, in its 2021 accounts, representing income that had been recorded in 2020, and US $89,600, in its 2021 progress report, relating to grants that were closed in 2020, but the funds of which were returned in 2021;
6. To request the World Bank, in its 2021 progress report, to make adjustments of:
   1. US $314,015 representing the closing balance of US $33,907 of a project (CPR/PRO/57/INV/487) and US $280,108 in relation to a project (CPR/FOA/56/INV/478);
   2. US $1,060,319, representing funds returned in relation to a project (PHI/SEV/80/TAS/01);
7. To note that the following 2020 outstanding reconciling items would be updated by relevant implementing agencies prior to the 91^st meeting:
   1. Differences, of US $12,657 in income and US $69,436 in expenditure, between the progress report and the final accounts of UNIDO;
   2. Differences of US $121,562 in income between the progress report and the final accounts of the World Bank;
8. To note the standing reconciling items as follows:
   1. For UNDP, for unspecified projects, in the amounts of US $68,300 and US $29,054;
   2. For the World Bank, for the following projects, implementing with other bilateral agencies where applicable:
      1. Bilateral cooperation of the Government of Japan (THA/PHA/68/TAS/158), in the amount of US $342,350;
      2. Bilateral cooperation of the Government of Japan (VIE/PHA/76/TAS/71) and (VIE/PHA/84/INV/75), in the amount of US $234,170;
      3. Bilateral cooperation of the Government of Sweden (THA/HAL/29/TAS/120), in the amount of US $225,985;
      4. Bilateral cooperation of the Government of the United States of America (CPR/PRO/44/INV/425), in the amount of US $5,375,000;
      5. Bilateral cooperation of the Government of the United States of America (CPR/PRO/47/INV/439), in the amount of US $5,375,000; and
      6. The Thailand chiller project (THA/REF/26/INV/104), in the amount of US $1,198,946.