Decision 62/43

After considering the proposal, the Executive Committee decided:

1. To approve, in principle, stage I of the HCFC phase-out management plan (HPMP) for Grenada for the period of 2010-2020, at the amount of US $210,000, plus agency support costs of US $27,300 for UNEP;
2. To note that the Government of Grenada had agreed at the 62^nd meeting to establish as its starting point for sustained aggregate reduction in HCFC consumption, the estimated baseline of 0.9 ODP tonnes, calculated using actual consumption reported for 2009 and estimated consumption for 2010;
3. To approve the Agreement between the Government of Grenada and the Executive Committee for the reduction in consumption of HCFCs, as contained in Annex X to the present report;
4. To request the Fund Secretariat, once the baseline data were known, to update Appendix 2-A to the Agreement to include the figures for maximum allowable consumption and to notify the Executive Committee of the resulting levels of maximum allowable consumption, and of any potential related impact on the eligible funding level, with any adjustments needed being made when the next tranche was submitted; and
5. To approve the first tranche of stage I of the HPMP for Grenada, and the corresponding implementation plan, at the amount of US $105,000, plus agency support costs of US $13,650 for UNEP.