Decision 44/40

December 2004
Nigeria
UNDP
Projects approved / deferred / transferred

Following a discussion, the Executive Committee decided:

  1. To approve the 2005 annual implementation plan and the third funding tranche at the amount of US $2,077,141 plus support costs of US $183,863 for UNDP;
  2. To note that disbursement of the funding should not commence until the requirements of decision 41/57 had been met and verification of the 2003 sectoral consumption limits and related annual phase-out specified in the national CFC phase-out plan had been completed through the provision of appropriate verification reports and agreement between the Secretariat and UNDP on their contents;
  3. To request the Secretariat to report to the Executive Committee should further guidance on verification procedures be necessary; and
  4. To further request the Secretariat to make recommendations to the Executive Committee on possible deductions from future approvals for the national CFC phase‑out plan in accordance with the approved Agreement if the verification report showed that consumption targets had been exceeded.