Venezuela: National CFC phase-out plan: 2006 work progrramme
Following the discussion, the Executive Committee decided:
- To take note of the annual report for 2005;
- To approve the annual plan for 2007;
- To approve an amount of US $2,071,831 for the third tranche plus support costs of US $155,387 for the implementation of the 2007 annual plan;
- That the full amount of funding foreseen for the third tranche was approved on the basis that CFC production in 2005, which included production for domestic feedstock use in a future year, had resulted in a calculated CFC consumption level in excess of the limits set under the agreement, and that CFC feedstock use in a future year of an amount greater than the excess quantity had been verified before approval; and
- To note that approval was on the understanding that it did not constitute a precedent for any future submissions of similar cases to the Executive Committee, and was without prejudice to any decision of the Meetings of the Parties on compliance issues.