The Executive Committee decided:
(a) To take note with appreciation of the progress report of the World Bank (UNEP/OzL.Pro/ExCom/22/62);
(b) To request the Treasurer to offset against approvals for World Bank projects at the current Meeting the sum of US$ 3,608,634 plus agency fees (where appropriate) resulting from the Bank’s cancellation of and savings in projects, as noted in the Secretariat’s comments on the progress reports of the World Bank;
(c) To request the Monitoring, Evaluation and Finance Sub-Committee to consider further action on the projects identified by the World Bank pursuant to Decision 21/28.