Decision 94/11

The Executive Committee decided:

1. To note:
   1. The report on the difference between the remaining balance reported in United States dollars and that reported in renminbi in the financial audit report, and on the balances to be returned in stage I of the industrial and commercial refrigeration and air‑conditioning (ICR) sector plan, as contained in document UNEP/OzL.Pro/ExCom/94/10;
   2. The overarching principles for managing funds transferred from implementing agencies to the Foreign Economic Cooperation Office for stage II of the HCFC phase‑out management plan (HPMP) for China, described in annex I of document UNEP/OzL.Pro/ExCom/94/10;
2. To request UNDP:
   1. To apply to stage II of the ICR sector plan for China, on a trial basis, the overarching principles referred to in subparagraph (a)(ii) above and the conditions for their application as described in annex VI to the present report;
   2. As the lead implementing agency for stage II of the HPMP for China, to coordinate with other implementing agencies and submit a report to the 95^th meeting on how to implement the overarching principles referred to in subparagraph (a)(ii) above in the solvent sector, the extruded polystyrene foam sector, the room air‑conditioning manufacturing and heat pump water heater sector, and the refrigeration and air‑conditioning servicing sector plan and the national enabling programme; and
3. To note that UNDP would return, at the 94^th meeting, US $18,337, which had been calculated on an exceptional basis using the exchange rate on 13 May 2024, representing the remaining balances of the funds from the implementation of stage I of the ICR sector plan, plus agency support costs of US $1,322, for UNDP.