Decision 64/49

The Executive Committee decided:

1. To acknowledge with deep appreciation the commendable efforts made by China towards the implementation of HCFC phase-out activities in the polyurethane foam (PU), the extruded polystyrene foam (XPS), the industrial and commercial refrigeration (ICR), the refrigeration and air conditioning (RAC) and the servicing sectors to enable it to meet the 2013 and 2015 phase-out targets stipulated in the Montreal Protocol;
2. To approve, in principle, stage I of the HCFC phase-out management plan (HPMP) for China for the period 2011 to 2015 to reduce HCFC consumption by 10 per cent of the baseline, at the amount of US $265,000,000 plus agency support costs for the Government of Germany, the Government of Japan, UNDP, UNEP, UNIDO and the World Bank, on the understanding that a maximum level of funding of up to US $5,000,000, plus agency support costs for UNDP, for the solvent sector could be considered at the 65^th meeting;
3. To note that the Government of China had agreed to establish as its starting point for sustained aggregate reduction an estimated baseline of 19,408.8 ODP tonnes, calculated using actual consumption of 18,602.7 ODP tonnes reported for 2009 under Article 7 of the Montreal Protocol, and estimated consumption of 20,215.0 ODP tonnes for 2010;
4. To deduct 3,320.2 ODP tonnes of HCFCs from the starting point for sustained aggregate reduction in HCFC consumption;
5. To approve the draft Agreement* between the Government of China and the Executive Committee for the reduction in consumption of HCFCs, as contained in Annex XXVII to the present report;
6. To request the Fund Secretariat, once the baseline data were known, to update the Agreement, including Appendix 2-A, with the figures for maximum allowable consumption, and to notify the Executive Committee of the resulting change in the levels of maximum allowable consumption accordingly; and
7. To approve the first tranche of stage I of the HPMP for China and the corresponding implementation plan for 2011-2012 at the amount of US $133,937,036, consisting of US $459,023 plus agency support costs of US $51,260 for the Government of Germany; US $80,000 plus agency support costs of US $10,400 for the Government of Japan; US $25,740,000 plus agency support costs of US $1,930,500 for UNDP; US $1,579,000 plus agency support costs of US $176,703 for UNEP; US $57,802,000 plus agency support costs of US $4,335,150 for UNIDO; and US $38,859,000 plus agency support costs of US $2,914,000 for the World Bank.

•  This Agreement was revised as per Decision 65/36.