The Executive Committee decided:
- To approve, in principle, stage I of the CFC and HCFC phase-out management plan for Timor-Leste for the period 2011 to 2015, at the amount of US $302,749, comprising US $164,900, plus agency support costs of US $21,437 for UNEP, and US $106,800, plus agency support costs of US $9,612 for UNDP, on the understanding that the tranche planned for 2013 would not be disbursed until the licensing system or a government notification procedure with legally binding provisions for controlling the import of HCFCs and HCFC-based equipment had been confirmed to be in place;
- To note that the Government of Timor-Leste had agreed to establish an estimated baseline of 0.5 ODP tonnes as its starting point for sustained aggregate reduction in HCFC consumption, calculated using actual consumption of 0.5 ODP tonnes reported for 2009 and consumption of 0.5 ODP tonnes estimated for 2010;
- To approve the draft Agreement* between the Government of Timor-Leste and the Executive Committee for the reduction in consumption of CFCs and HCFCs, as contained in Annex XXV 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 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 CFC and HCFC phase-out management plan for Timor-Leste, and the corresponding implementation plan, at the amount of US $210,426, comprising US $93,500, plus agency support costs of US $12,155 for UNEP, and US $96,120, plus agency support costs of US $8,651 for UNDP.
- This Agreement was revised as per Decision 69/14