The Executive Committee noted that a number of projects with cost-effectiveness values above the cost‑effectiveness threshold had been submitted for partial funding of total project costs (e.g. the enterprise only sought funding for that proportion of the incremental costs that met or approached the cost-effectiveness threshold) and decided that:
(a) Partial funding should be allowed and encouraged since it was fully consistent with previous decisions by the Executive Committee to maximize the effectiveness of the Fund’s resources in phasing out ODS;
(b) The cost-effectiveness of projects for enterprises with multinational corporation ownership and enterprises that exported to non-Article 5 countries should be determined using as a basis the eligible amount of the grant;
(c) Consumption should be calculated in accordance with the decision contained in paragraph 32 (b) of the report of the Sixteenth Meeting of the Executive Committee (UNEP/OzL.Pro/ExCom/16/20).