Decision 65/35

The Executive Committee decided:

1. To approve, in principle, stage I of the HCFC phase-out management plan (HPMP) for Bangladesh for the period 2011 to 2018 to reduce HCFC consumption by 30 per cent of the baseline, at the amount of US $460,275 consisting of US $55,000, plus agency support costs of US $4,125 for UNDP, and US $355,000, plus agency support costs of US $46,150 for UNEP, and to note that the project to phase out 20.20 ODP tonnes of HCFC-141b used for polyurethane foam insulation in the manufacture of domestic refrigerators at Walton Industries, at the amount of US $1,146,074, plus agency support costs of US $85,956 for UNDP, had already been approved at the 62^nd meeting and had subsequently been included in stage I of the HPMP;
2. To note that with the amounts referred to in paragraph (a) above, the total funding for stage I of the HPMP for Bangladesh amounts to US $1,556,074, plus agency support costs of US $136,231.
3. To note that the Government of Bangladesh had agreed to establish as its starting point for sustained aggregate reduction in HCFC consumption an estimated baseline of 72.65 ODP tonnes, calculated using the actual consumption of 67.75 ODP tonnes and 77.56 ODP tonnes for 2009 and 2010, respectively, under Article 7 of the Montreal Protocol;
4. To note the deduction of 20.20 ODP tonnes from the starting point for sustained aggregate reduction in HCFC consumption for the project approved at the 62^nd meeting, and to deduct a further 4.33 ODP tonnes of HCFCs for implementation of stage I of the HPMP;
5. To note that approval of stage I of the HPMP did not preclude Bangladesh from submitting, prior to 2015, a proposal to achieve a reduction in HCFCs beyond that addressed in stage I of the HPMP;
6. To approve the draft Agreement* between the Government of Bangladesh and the Executive Committee for the reduction in consumption of HCFCs, as contained in Annex XXI to the present report;
7. 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
8. To approve the first tranche of stage I of the HPMP for Bangladesh, and the corresponding implementation plan, at the amount of US $319,025, consisting of US $55,000, plus agency support costs of US $4,125 for UNDP, and US $230,000, plus agency support costs of US $29,900 for UNEP.

• This Agreement was updated as per Decision 80/63.