Having considered the recommendations of the Sub-Committee on Monitoring, Evaluation and Finance (UNEP/OzL.Pro/ExCom/35/4, para. 18), the Executive Committee decided:
(a) To note the draft 2002 business plan of the World Bank contained in document UNEP/OzL.Pro/ExCom/35/10;
(b) Also to note the World Bank’s efforts to expedite the implementation of approved activities and to request it to indicate in its final business plan additional actions to expedite the implementation of approved projects and those that could be critical to compliance;
(c) To request the World Bank to consider modifying its investment project performance indicator targets for phase-out in 2002, the number of countries in its business plan, and the net emissions due to delays, as well as its non-investment project performance indicators for speed of completion and reductions in ODS consumption due to non-investment projects, taking into account the consideration by the Sub-Committee on Monitoring, Evaluation and Finance of the report on the performance indicators and proposal on modifications (UNEP/OzL.Pro/ExCom/35/16);
(d) Also to request the World Bank to provide more information on its expedited agreement process in the context of its final business plan, indicating the steps taken to reach agreement and the estimated time from approval to agreement for activities in countries where the Bank’s Montreal Protocol Unit had not yet established agreements, in the light of its planned activities in countries such as the Bahamas and Yemen, and in the Caribbean region;
(e) Further to request the World Bank to include the non-investment activity for the development of a CTC closure project as part of its investment project allocation.