After further discussion, the Executive Committee decided:
- To approve the request for project preparation in the CFC-metered-dose inhaler (MDI) sector for India at the level of funding in Annex II to the present report, on the understanding that:
- The resulting project proposal presented to the Executive Committee would include written commitments for significant counterpart funding from the companies requesting assistance;
- In order to avoid double-counting, a deduction from the total funding approved for either the country’s national phase-out plan and/or from any future MDI conversion project would be made to account for the amount of CFCs consumed for MDIs to be addressed by the new project;
- No additional assistance from the Multilateral Fund would be available for the conversion of CFC-MDI facilities not covered by the proposed project; and
- To defer the request for project preparation for the CFC-MDI sector in Colombia to a future meeting of the Executive Committee on the understanding that a revised project proposal would be presented that fully met the justification for funding and the criteria set out in decision 51/34(c).