Having considered the comments and recommendations of the Sub-Committee on Project Review (UNEP/OzL.Pro/ExCom/39/19, paragraphs 69 to 71), the Executive Committee, noting the need for implementation of the project to proceed at the earliest opportunity in order to facilitate China’s compliance with the 2005 control measures for CTC, decided:
(a) To approve the distribution of the annual funding tranches for the sector plan for phase-out of ODS in chemical process agent applications and carbon tetrachloride production in accordance with the agreement between the Government of China and the Executive Committee contained in Annex XIII to document UNEP/OzL.Pro/ExCom/38/70/Rev.1;
(b) Also to approve the 2003 annual programme for CTC production and consumption at the requested funding level of US $20 million and US $1.5 million as support costs for the World Bank;
(c) To request the Secretariat and the World Bank, together with the Government of China, to propose to the 40th meeting of the Executive Committee a system for monitoring the implementation of the agreement;
(d) Also to request the World Bank, in its future annual work programmes, within the context of the monitoring system, to provide sufficient information about the planned activities, in line with other sector plans approved in China, to:
(i) Establish clearly the individual actions to be carried out during the year and indicate the actual use to which the requested funding would be put;
(ii) Provide a high level of confidence that the actions would enable the required targets to be met;
(iii) Enable the consumption targets, the progress with nominated activities, and the expenditure of funds thereon to be monitored/verified, as appropriate.