Decision 50/27

November 2006
UNDP | UNIDO | World Bank
Core unit costs | Administrative costs regime

Having considered the proposed core unit budget for 2007, the need for a comprehensive independent assessment of administrative costs for the 2009–2011 triennium, and the points raised by the implementing agencies, the Executive Committee decided:

  1. To note the report on 2007 core unit costs for UNDP, UNIDO and the World Bank as presented in document UNEP/OzL.Pro/ExCom/50/21;
  2. To approve US $1.751 million for core unit funding for 2007 each for UNDP and UNIDO and US $1.58 million for the World Bank in accordance with decision 46/35;
  3. To authorize the Secretariat to undertake a comprehensive independent assessment of the administrative costs required for the 2009–2011 triennium, using independent consultants or consulting firms as needed, and to report its conclusions to the first Meeting of the Executive Committee in 2008; and
  4. To request the implementing agencies to facilitate the participation of internal auditors, or other financial management personnel as appropriate, in the study team.