Having considered the comments and recommendation of the Sub-Committee on Project Review on the flexibility of timing for crediting bilateral cooperation funding (UNEP/OzL.Pro/ExCom/25/17, paragraphs 7 and 8), and proposals from the floor, the Executive Committee decided to allow flexibility in the year for which bilateral projects would be credited, provided that:
(a) The bilateral agencies submit their work plans in time at the beginning of the year, so that the Secretariat could transmit them to the Monitoring, Evaluation and Finance Sub‑Committee for consideration during discussions of the business plans at the Committee’s first meeting of the year; and
(b) Any project proposal by a bilateral agency exceeding US $2 million be submitted for full review by the Executive Committee and not approved intersessionally.