Decision 39/50

April 2003
India
World Bank
Projects approved / deferred / transferred

Having considered the comments and recommendations of the Sub-Committee on Project Review (UNEP/OzL.Pro/ExCom/39/19, paragraphs 77 and 78), the Executive Committee decided:

(a) To approve the 2003 annual programme for the Indian CFC production sector gradual phase-out plan at the requested funding level of US $6 million and the associated support costs of US $450,000 for the World Bank;

(b) To request the World Bank to submit future verification reports in time to facilitate the review by the Secretariat;

(c) Also to request the World Bank to provide additional information on the financial oversight over the technical assistance programme in accordance with Decision 36/48.