The Executive Committee, having noted the recommendations of the Sub-Committee on Monitoring, Evaluation and Finance (UNEP/OzL.Pro/ExCom/22/5 paras. 7-9) on the following issues identified in the progress reports of the Implementing Agencies, decided to take the following action:
Slow disbursement and delays in project implementation
(a) Where no disbursement had occurred 18 months after the date of approval of a project, a full explanation of the reason for the delay should be submitted by the Implementing Agency to the next meeting of the Executive Committee for review. Those reports should contain the comments received from the Article 5 countries and enterprises concerned;
(b) Where a project had not been completed 12 months after the proposed completion date in the progress report of the Implementing Agencies to the Executive Committee, a full explanation of the reason for the delay should also be submitted by the Implementing Agencies to the next meeting of the Executive Committee for review. Those reports should contain the comments received from the Article 5 countries and enterprises concerned;
(c) To review the reports on a case by case basis and decide upon the action required;
(d) On the basis of the experience gained through consideration of these reports, to consider the development of guidelines to ensure that the project preparation process included measures to prevent any delays in implementation or completion in the future.