Having considered the comments and recommendations of the Sub-Committee on Monitoring, Evaluation and Finance (UNEP/OzL.Pro/ExCom/37/4, paras. 31 and 32), and taking into account the factual amendment presented during the meeting, the Executive Committee decided:
(a) To note the World Bank’s progress report contained in document UNEP/OzL.Pro/ExCom/37/16;
(b) To request the World Bank to provide a level of information comparable to that provided by the other agencies for its seven institutional strengthening projects to the 38th meeting in the context of projects with implementation delays;
(c) To note that through May 2001, the World Bank had 72 projects that it had classified as completed for over one year with remaining balances totalling US $11,953,777;
(d) To note that the World Bank would report to the 38th meeting on up to 78 projects with implementation delays including 47 projects that were so classified the previous year;
(e) To authorize the World Bank to adjust the budgets for the lines of grants approved at the Seventh meeting for Jordan and Tunisia to reflect the level disbursed on a project by project basis;
(f) To note that an apparent overrun of US $1,000 for the 50 per cent foam project in China (CPR/FOA/07/INV/16) would be addressed in the context of the reconciliation of the Accounts of the Fund and the agencies’ progress reports;
(g) To note:
(i) That the proposed agreement between the World Bank and the Bahamas for the project (BHA/PHA/35/INV/108) had been sent to the Bahamas but had not yet been signed;
(ii) That the grant agreement between the World Bank and Malaysia for the National CFC Phaseout Plan had been signed and that the proposed grant agreement with Thailand for the National CFC Phaseout Plan was being negotiated;
(iii) That the World Bank had disbursed additional funds for the China halon phase-out plan but that it had not indicated the reason for the slow disbursement for China CFC production phase-out plan;
(iv) That the objective of the CFC MAC sector phase-out in China in 2001 had been met;
(v) That the equipment had been dismantled for one of the two halon production plants in India and that the equipment for the other plant would be dismantled in 2002 but after the agreed July 2002 milestone; and
(vi) That three of the 24 sub-loan agreements for the Thai chiller project (THA/REF/26/INV/104) had been signed, and therefore the March 2002 milestone had not been met;
(h) To note that Turkey’s 2002 methyl bromide consumption might include consumption for quarantine and pre-shipment and request Turkey to clarify its latest consumption with the Ozone Secretariat and note that this issue would be reviewed at the 38th meeting of the Executive Committee in the light of any updated data reported;
(i) To request the World Bank to comply with future requests from the Secretariat for providing information on such agreements in the context of progress reporting;
(j) To request reports to the 38th meeting in the context of implementation delays for the following projects for which the Bank was not able to assess a future completion date: Shenzhou foam project in China (CPR/FOA/29/INV/311) and Handan Huisheng foam project in China (CPR/FOA/29/INV/323) and PT Sentra Sukses Selalu foam project in Indonesia (IDS/FOA/29/INV/115);
(k) To note that the issue of tax exemption for Multilateral Fund projects implemented by the World Bank in Colombia had been resolved;
(l) To request the World Bank to report to the 38th meeting of the Executive Committee on the status of the release of funds for the Real Value halon project (IND/HAL/18/INV/60) in India;
(m) To note the Bank’s continued differences regarding basic project data and its efforts to reconcile the data with the Secretariat’s Inventory of Approved Projects.