Decision 62/46

On the basis of the information provided, the Executive Committee decided:

1. To approve, in principle, stage I of the HCFC phase-out management plan (HPMP) for Serbia for the period 2010-2020, at a total amount of US $1,069,220, comprising US $915,260, and agency support costs of US $68,645 for UNIDO, and US $75,500, and agency support costs of US $9,815 for UNEP, on the understanding that:
   1. US $332,500, excluding support costs, were for the servicing sector and in line with decision 60/44 to reach the 35 per cent reduction of HCFC in 2020; and
   2. US $658,260, excluding support costs, were for the investment project for the phase-out of 2.27 ODP tonnes of HCFC-22 in the refrigeration and air‑conditioning manufacturing sector;
2. To note that the Government of Serbia had agreed at the 62^nd meeting to establish as its starting point for sustained aggregate reduction in HCFC consumption the estimated baseline of 9.64 ODP tonnes, calculated using actual consumption reported in 2009 and estimated consumption for 2010;
3. To approve the Agreement* between the Government of Serbia and the Executive Committee for the reduction in consumption of HCFCs, as contained in Annex XIII 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;
5. To approve the first tranche of stage I of the HPMP for Serbia, and the corresponding implementation plan, at the amount of US $416,520, comprising US $360,130, and agency support costs of US $27,010 for UNIDO, and US $26,000, and support costs of US $3,380 for UNEP.

• This Agreement was revised as per Decision 71/30