Decision 41/9

Having considered the comments and recommendations of the Sub-Committee on Monitoring, Evaluation and Finance (UNEP/OzL.Pro/ExCom/41/6, paragraphs 21 and 22), the Executive Committee decided:

1. To note:
   1. The report on project balances contained in document UNEP/OzL.Pro/ExCom/41/11;
   2. The levels of funds being returned to the 41^st Meeting, totalling US $3,442,269 plus support costs of US $446,975 as follows by agency: US $1,337,614 from UNDP and agency support costs of US $173,252, including reimbursement of funds previously returned in error for two projects by UNDP; US $364,882 from UNEP and agency support costs of US $47,435; US $601,841 from UNIDO and agency support costs of US $78,237, including reimbursement of funds for 17 projects due to necessary adjustments to reconcile the accounts; and US $1,137,932 from the World Bank and agency support costs of US $148,051;
   3. That implementing agencies had balances totalling US $408,477, excluding support costs from projects completed over two years previously: UNDP (US $255,399 plus support costs); UNEP (US $62,610 plus support costs); and the World Bank (US $90,468 plus support costs); and
   4. That the Government of Israel had returned US $64,177 plus support costs of US $5,847 by making a cash contribution to the Treasurer for the international methyl bromide compliance assistance workshop (GLO/FUM/37/TRA/240); and
2. To request the Treasurer to cancel the set-aside of US $500,000 for the study on the evaluation of the financial mechanism in the light of Decision XV/52 of the Fifteenth Meeting of the Parties.