Indian aerosol projects submitted at the Seventeenth Meeting of the Executive Committee
Having considered the recommendations of the Sub-Committee on Project Review (UNEP/OzL.Pro/ExCom/22/15, paras. 51-54), the Executive Committee decided:
(a) To recall that, at the Seventeenth Meeting of the Executive Committee, the Government of India had not been in a position to agree to the conditions attached to the approval of its aerosol projects submitted to that Meeting;
(b) To approve the projects referred to in Executive Committee Decision 17/38, on the basis of India’s new policy measures and the statement of its representative that he believed India could meet the condition that the level of CFC consumption in the aerosol sector would be limited to the level remaining after reductions from the projects have been made;
(c) That, among those projects, those with a project cost exceeding US$ 100,000 (excluding agency support costs) be implemented in cooperation with the World Bank, and those with project costs below US$ 100,000 (excluding agency support costs) be implemented in cooperation with UNDP;
(d) That the US$ 20,000 previously approved for project preparation activities by UNIDO in the Indian aerosol sector should be returned to the Fund.