Decision 19/16

May 1996
India
World Bank
Executive Committee project review/approval process | Projects approved / deferred / transferred

The Executive Committee, noting the discussion in the Sub-Committee on Project Review regarding the project for the conversion of refrigerator manufacture to cyclopentane foam-blowing agent at Godrej-GE Appliances Ltd. (GGEAL) in India (UNEP/OzL.Pro/ExCom/19/5, paras. 29-33), decided:

(a) To note that, following an assurance by the representative of India that the enterprise concerned would not seek any further funds if the cost effectiveness threshold were to be exceeded for the complete conversion, the Sub-Committee had decided that funding should not be withheld on the basis of the partial conversion aspect of the project (UNEP/OzL.Pro/ExCom/19/5, para. 29);

(b) To endorse the suggestion of the Chairman of the Sub-Committee that the World Bank and the Secretariat should attempt to resolve their technical disagreement and present their findings to the next meeting of the Sub-Committee (UNEP/OzL.Pro/ExCom/19/5, para. 32);

(c) Also to endorse the decision of the Sub-Committee that, as a general rule, any technical matters of disagreement should be communicated to the members of the Sub-Committee at least two weeks before a Sub-Committee meeting, so that they could come to the meeting prepared to discuss the issues (UNEP/OzL.Pro/ExCom/19/5, para. 33).