Malawi: Phase-out of all non-essential and non-QPS methyl bromide; release of first tranche (UNDP) (UNEP/OzL.Pro/ExCom/32/30/Malawi and Corr.1)
Having considered the recommendations of the Sub-Committee on Project Review (UNEP/OzL.Pro/ExCom/32/21, para. 76), the Executive Committee decided to approve the above project at a budget of US $2,999,824 and the level of funding for the first tranche indicated in Annex VIII to the present report, in accordance with the agreement between the Government of Malawi and the Executive Committee contained in Annex XI to the present report, on the understanding that:
(a) UNDP would disburse the funds approved in tranches according to the proposed methyl bromide phase-out schedule indicated in the agreement contained in Annex XI;
(b) If Malawi did not meet the reduction requirements outlined in the agreement contained in Annex XI, UNDP would withhold funding for the subsequent tranche until such time as the required reduction had been met;
(c) UNDP would submit an annual progress report on the implementation of the project to the Fund Secretariat.