Having considered the recommendation of the Sub-Committee on Monitoring, Evaluation and Finance (UNEP/OzL.Pro/ExCom/34/4, para. 26), the Executive Committee decided:
(a) To note with appreciation the World Bank’s progress report contained in document UNEP/OzL.Pro/ExCom/34/14;
(b) Also to note the late submission of the World Bank’s revised progress report and to request the World Bank to adhere to the deadline for submission;
(c) To request the World Bank to remove all indirect phase-out from its progress report in the future and to resolve all issues raised by the Secretariat concerning data inconsistencies and to report back to the 35th meeting on their resolution;
(d) To note that the World Bank would report to the 35th meeting on up to 73 projects with implementation delays, including eight projects that had been so classified in 2000;
(e) Also to note that the World Bank would offset US $6,057 against its administrative costs for projects with overruns;
(f) To set the deadlines indicated below for the following projects:
(i)“Zhengshou Plastic foam project in China” (CPR/FOA/15/INV/86): deadline of 1 September 2001 for the resolution of the legal issues of the Huayuan Group related to the implementation of the project;
(ii)“BPL refrigeration project in India” (IND/REF/25/INV/183): deadline of 1 September 2001 for the signature of the sub-grant agreement;
(iii)“Candi Swadaya Sentosa aerosol project in Indonesia” (IDS/ARS/22/INV/61): deadline of 1 September 2001 for the procurement of equipment, with the automatic refund of remaining balances if the deadline was not respected;
(iv)“Sea Horse Maspion foam project in Indonesia” (IDS/FOA/23/INV/76): deadline of 1 September 2001 for the submission of progress reports to the Government of Indonesia or the automatic cancellation of the project and full return of approved funds if the deadline was not respected;
(v)“Umbrella rigid foam project in Pakistan” (PAK/FOA/23/INV/20): set an appropriate milestone deadline following a report from the Bank on its June 2001 mission;
(g) To request the World Bank to implement Decision 19/38(b) on changes of ownership after project approval concerning the“Whirlpool of India refrigeration project” (IND/REF/27/INV/204) and to reduce the grant component accordingly;
(h) Also to request the World Bank to submit an updated report to the 35th meeting on the lessons learned and new project milestones, including the milestone of the maturity date (the refund date), for the chiller concessional loan project in Thailand (THA/REF/26/INV/104);
(i) Also to note the agreement of the Government of China and the World Bank on measures to remedy the export issue with regard to the China halon sector plan and the agreement to reduce the 2001 quotas for the halon plan by an amount equivalent to the excess in national consumption in 2000 to be determined by the independent technical audit;
(j) Also to note that the national CFC phase-out projects for Malaysia and Thailand would be submitted to the 35th meeting and, in view of the generic interest, to note the World Bank’s offer to report at that meeting on the experience gained;
(k) Further to note the World Bank’s explanations on its classification of projects as completed and the cancellation of sub-projects in line-of-grant projects.