Decision 65/2

The Executive Committee decided:

1. To note:
   1. The report on balances and availability of resources contained in document UNEP/OzL.Pro/ExCom/65/4;
   2. That the net level of funds being returned by the implementing agencies to the 65th meeting was US $705,522 against projects, which included the return of US $253,695 from UNDP, US $18,808 from UNIDO and US $433,019 from the World Bank;
   3. *That the net level of support costs being returned by the implementing agencies to the 65th meeting was US $76,196 against projects, which included the return of US $19,121 from UNDP, US $1,416 from UNIDO and US $55,659 from the World Bank;
   4. That implementing agencies had balances totalling US $1,717,559, excluding support costs, from projects completed over two years previously, which included US $257,492 for UNDP, US $277,674 for UNEP, US $526,072 for UNIDO, and US $656,321 for the World Bank;
   5. *That bilateral agencies had balances totalling US $147,297 excluding support cost noting that Italy is no longer returning the balance of US $7,957 against the project in Serbia (YUG/SOL/56/INV/33) to the 65th Executive Committee meeting further to a verbal update provided at the 65th meeting.
   6. The return of the remaining balance of US $183,500 in project costs, plus US $13,763 in support costs already included in sub-paragraph (ii) above, owing to the transfer of the terminal phase-out management plan in Peru (PER/PHA/55/INV/41) from UNDP to UNIDO, in accordance with decision 64/2(h);
   7. *The return of the remaining balance of US $64,471 in project costs and US $4,835 in programme support costs for phase VII of the institutional strengthening project for the Philippines (PHI/SEV/60/INS/89) for the transfer of the project from the World Bank to UNEP, in accordance with Decison 64/25.
   8. The return of US $8,446 including US $972 agency fees to be offset against Germany’s approvals at the present meeting

2. To reiterate decision 31/2(a)(i) and (ii) and request UNIDO to update the Committee at the 66^th meeting on the date at which the remaining unobligated balances for completed projects would be returned in full.

   * Revised text as per document UNEP/OzL.Pro/ExCom/65/60/Corr.1