Decision 56/2

The Executive Committee decided:

1. To note:
   1. The report on balances and availability of resources contained in document UNEP/OzL.Pro/ExCom/56/4;
   2. The net level of funds being returned by the implementing agencies to the 56^th Meeting, amounting to US $1,107,116 against projects and the balance from advances for HCFC phase-out management plans (HPMP). That included the return of US $267,698 from UNDP, US $443,000 from UNEP, and US $396,418 from UNIDO;
   3. The net level of support costs being returned by the implementing agencies to the 56th Meeting amounting to US $123,488 against projects and the balance from advances for HPMP support costs. That included the return of US $20,581 from UNDP, US $55,840 from UNEP, US $29,816 from UNIDO, and US $17,251 from the World Bank;
   4. That implementing agencies had balances totalling US $5,911,756, excluding support costs, from projects completed over two years previously. That included US $412,783 for UNDP, US $1,322,165 for UNEP, US $623,517 for UNIDO and US $3,553,291 for the World Bank;
   5. bilateral agencies had balances from completed projects totalling US $617,117 excluding support costs;
   6. That bilateral agencies had balances totalling US $457,254 from projects completed over two years previously. That included US $42,162 for Australia, US $237,336 for France, US $676 for Italy, US $43,497 for Denmark, US $76,730 for Finland and US $56,853 for Japan;
2. To request bilateral agencies to report to the Executive Committee at its 57^th Meeting on their proposed disposition of balances from completed projects; and
3. To request the Secretariat to continue monitoring completed projects with balances for bilateral agencies and to report to the Executive Committee thereon.