Decision 21/4

Having considered the three-year (1997-1999) business plan of the Multilateral Fund (UNEP/OzL.Pro/ExCom/21/6), the Executive Committee decided:

1. To take note of the three-year (1997-1999) business plan of the Multilateral Fund;
2. To note that decision 21/3, subparagraph (b), by which it decided to allocate all of the US $74 million carry-over from the triennium 1994-1996 to the budget for 1997, would be reflected in section III of the 1997-1999 business plan;
3. That sections III and IV of the plan should be revised, and that section V should be expanded to take into account the comments made during the meeting;
4. To note the need to improve the business plans for the year 1998 and future years, bearing in mind that, in preparing previous business plans, the most effective procedure had not always been followed, namely, planning of activities first, to be followed by implementation, which would be monitored, and, on the basis of that monitoring, revision and continuation of the activities.