Following the discussion, the Executive Committee decided:
(a) To note with appreciation the report of the Chief Officer;
(b) To express its deep appreciation for the work of the Secretariat in the transition period from project-driven to compliance-driven planning, and for the Chief Officer’s extraordinary guidance, talent and innovation in general and in formulating a new funding method based on strategic planning for the Multilateral Fund;
(c) To request the Secretariat to submit the document containing proposals on how to re‑organize the work of the Sub-Committee on Project Review and the Sub-Committee on Monitoring, Evaluation and Finance for the monitoring of national phase-out plans and ensuring compliance through those plans to the 40th meeting of the Executive Committee, indicating that Parties wishing to provide input should do so by 18 April 2003 so that their comments could be incorporated in the draft document.