Deferral of a multi-year agreement tranche due to low rate of disbursement for the previous tranche
Following the report from the facilitator of the contact group, the Executive Committee decided that bilateral and implementing agencies should not submit for the Committee’s consideration requests for funding of tranches of multi-year agreements with low rates of implementation of activities initiated with previously approved tranches and where the rate of disbursement of funding available from the previously approved tranche was less than 20 per cent, even when the levels of consumption of the ODS under consideration were below the maximum allowable levels under the Montreal Protocol and in the Agreement between the Government concerned and the Executive Committee.