Decision 38/44

November 2002
China
World Bank
Production approvals and reports

Having considered the comments and recommendations of the Sub-Committee on Project Review (UNEP/OzL.Pro/ExCom/38/14, paragraphs 79 and 80), the Executive Committee decided:

(a) To approve the 2003 work programme of the China CFC production closure programme and withhold the requested funding until the World Bank had submitted to the 39th meeting a satisfactory verification report on the implementation of the 2002 annual programme;

(b) To apply 7.5 per cent as agency support cost for the funds to be approved from the 2003 work programme, consistent with Decision 38/68.