Having considered the World Bank paper on“Sector based financing under the Multilateral Fund: list of issues requiring consideration by the Multilateral Fund” (UNEP/OzL.Pro/ExCom/21/24) and having heard the report of the Chairman of an ad hoc group set up during the Meeting to consider the issues involved, the Executive Committee decided:
(a) To provide initial guidance, contained in Annex VI to the present report [document UNEP/OzL.Pro/ExCom/21/36], to allow further development by China and the World Bank of the halon sector approach pilot programme under an umbrella agreement. In doing so, it was agreed that the initial guidance did not preclude the Executive Committee from taking different or additional views when specific issues are presented in the context of a formal sector approach proposal from China;
(b) That the guidance was for the purpose of further development of the halon sector approach pilot programme under an umbrella agreement in China only;
(c) That the guidance would not be applied to any other country or sector until the Executive Committee had discussed and decided on the question of wider applicability; and
(d) That the issue of wider applicability would be discussed and decided upon at the Twenty‑second Meeting of the Executive Committee.