On the recommendation of the Sub-Committee on Financial Matters, the Executive Committee decided:
(a) to take note of the report on concessional lending for ODS phase-out (UNEP/OzL.Pro/ExCom/18/74); and
(b) to request the Secretariat, together with the World Bank, and in consultation with other entities with expertise in the field, such as regional development banks, to prepare for the Twentieth Meeting of the Executive Committee a more detailed document on this issue, exploring the operational implications of applying the concepts set out in the report. This paper should include an examination of hypothetical projects, to be prepared by the World Bank, which would practically demonstrate the implications of the application of these concepts.