The Executive Committee decided:
- To approve, in principle, stage I of the HCFC phase-out management plan (HPMP) for Montenegro for the period 2011 to 2020, at the amount of US $450,000, plus agency support costs of US $33,750 for UNIDO, noting that the amount included funds for institutional strengthening at the level of US $240,000 for eight years starting July 2012;
- To note that the Government of Montenegro had agreed to establish as its starting point for sustained aggregate reduction in HCFC consumption the level of consumption of 0.9 ODP tonnes reported for 2009;
- To approve the draft Agreement between the Government of Montenegro and the Executive Committee for the reduction in consumption of HCFCs, as contained in Annex XX to the present report;
- 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 change in the 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
- To approve the first tranche of stage I of the HPMP for Montenegro, and the corresponding implementation plan, at the amount of US $155,000, plus agency support costs of US $11,625 for UNIDO.