Following the discussion, the Executive Committee decided:
- To endorse the 2007-2009 business plan of the World Bank as contained in document UNEP/OzL.Pro/ExCom/51/11 in line with decision 51/5 on the consolidated business plan, without prejudice to the decision of the Parties on replenishment for the year 2009 and beyond, while noting that endorsement denoted neither approval of the projects identified therein nor their funding levels;
- To transfer the halon consumption phase-out project in Chile (CHI/HAL/42/TAS/156) from the World Bank to UNDP at the amount of US $60,000 plus agency support costs of US $4,500;
- To approve the performance indicators for the World Bank as contained in Annex V to the present report, while setting a target of 19 for the number of annual programmes approved, a target of four for the number of individual projects approved and a target of 18 for the number of milestone activities to be completed; and
- To request the World Bank to investigate the possibility of undertaking projects for the accelerated phase-out of production of CFC and CTC, and to report back to the Executive Committee on any issues it encountered.