Decision 62/2

The Executive Committee decided:

1. To note the report on balances and availability of resources contained in document UNEP/OzL.Pro/ExCom/62/4;
2. To note that the net level of funds being returned by the implementing agencies to the 62^nd meeting was US $1,337,446 against projects, which included the return of US $54,908 from UNDP, US $74,282 from UNEP, US $712,927 from UNIDO and US $495,329 from the World Bank;
3. To note that the net level of support costs being returned by the implementing agencies to the 62^nd meeting was US $106,223 against projects, which included the return of US $5,977 from UNDP, US $9,657 from UNEP, US $53,470 from UNIDO and US $37,119 from the World Bank;
4. To note that implementing agencies had balances totalling US $2,854,199, excluding support costs, from projects completed over two years previously, which included US $665,302 for UNDP, US $769,433 for UNEP, US $304,237 for UNIDO and US $1,115,227 for the World Bank;
5. To note that Finland, as a bilateral agency, had a balance totalling US $34,022, excluding support costs, from a project completed over two years previously; and
6. To request the Treasurer to assign any gains or losses from balances returned from completed bilateral activities to exchange rate losses or gains due to the fixed‑exchange rate mechanism, including those funds returned to the 57^th, 59^th, and 60^th meetings.