Decision 62/25

Following the explanations, the Executive Committee decided:

1. To note the report on 2011 core unit costs for UNDP, UNIDO and the World Bank as contained in documents UNEP/OzL.Pro/ExCom/62/17 and UNEP/OzL.Pro/ExCom/62/17/Corr. 1;
2. To approve the core unit budgets as requested amounting to: US $1,970,766 for UNDP, US $1,970,766 for UNIDO and US $1,713,000 for the World Bank; and
3. That the extension of the administrative cost regime for the 2012-2014 triennium could be based on the report on 2012 core unit costs to be prepared by the Fund Secretariat by the 65^th meeting.