Decision 93/47

The Executive Committee decided: 

1. To approve, in principle, stage III of the HCFC phase-out management plan (HPMP) for Viet Nam for the period 2023–2030 for the complete phase-out of HCFC consumption, in the amount of US $9,220,364, plus agency support costs of US $645,425, for the World Bank, on the understanding that no more funding from the Multilateral Fund would be provided for the phase-out of HCFCs;
2. To note the commitment of the Government of Viet Nam:
   1. To phase out HCFCs completely by 1 January 2030 and that no HCFCs would be imported after that date, except for those allowed for a servicing tail between 2030 and 2040, where required, consistent with the provisions of the Montreal Protocol;
   2. To ban the import of HCFC-225 by 1 January 2025 and to ban new installations and imports of HCFC-based equipment by 31 December 2029;
3. To deduct 105.37 ODP tonnes of HCFCs from the remaining HCFC consumption eligible for funding;
4. To approve the Agreement between the Government of Viet Nam and the Executive Committee for the reduction in consumption of HCFCs, in accordance with stage III of the HPMP, contained in annex XXXVII to the present report;
5. That, to allow consideration of the final tranche of its HPMP, the Government of Viet Nam should submit:
   1. A detailed description of the regulatory and policy framework in place to implement measures to ensure that HCFC consumption would be in compliance with subparagraph 8 ter (e) (i) of Article 5 of the Montreal Protocol for the period 2030–2040;
   2. If Viet Nam were intending to have consumption during the period 2030–2040, in line with subparagraph 8 ter (e) (i) of Article 5 of the Montreal Protocol, proposed modifications to its Agreement with the Executive Committee covering the period beyond 2030; and
6. To approve the first tranche of stage III of the HPMP for Viet Nam, and the corresponding tranche implementation plan, in the amount of US $3,227,127, plus agency support costs of US $225,899, for the World Bank.