The Executive Committee, having considered the recommendations of the Sub-Committee on Monitoring, Evaluation and Finance (UNEP/OzL.Pro/ExCom/27/4, para. 3), decided:
(a) To take note of the consolidated business plan;
(b) To approve the following targets for ODS phase-out calculated by the Secretariat in accordance with decision 26/8 (e):
| Agency | ODS phase-out target |
| UNDP | 11,876 ODP tonnes |
| UNIDO | 5,883 ODP tonnes |
| World Bank | 15,542 ODP tonnes |
| Total | 33,301 ODP tonnes |
(c) To reaffirm the minimum disbursement target of 70 per cent of project funds approved up to the end of 1998 for investment projects;
(d) To set a target for all agencies of 100 per cent for submission of project completion reports, taking into account that the project completion report should be submitted six months after completion of the project.