Having considered the recommendations of the Sub-Committee on Project Review (UNEP/OzL.Pro/ExCom/34/18, para. 108), the Executive Committee decided:
(a) To consider in greater depth, at its 35th meeting, the issue of support costs, particularly with regard to the possibility of:
(i) adjusting the distribution of support costs between the substantive departments and the administrative departments within the implementing agencies;
(ii) increasing the support costs paid to implementing agencies for administering smaller projects, without increasing the overall proportion of resources for such costs;
(iii) ensuring that any adjustment of support costs would be fully in line with the financial rules and regulations of the United Nations system;
(b) To request the Secretariat of the Multilateral Fund to prepare an issue paper in consultation with the UNEP Treasurer and UNEP/DTIE.