Decision 65/44

The Executive Committee decided:

1. To approve, in principle, stage I of the HCFC phase-out management plan (HPMP) for Panama for the period 2011 to 2015 to meet the 10 per cent reduction in HCFC consumption, at the amount of US $364,561, consisting of US $265,545, plus agency support costs of US $19,916 for UNDP, and US $70,000, plus agency support costs of US $9,100 for UNEP;
2. To note that the Government of Panama had agreed to establish as its starting point for sustained aggregate reduction in HCFC consumption an estimated baseline of 24.77 ODP tonnes, calculated using actual consumption of 24.96 ODP tonnes and 24.58 ODP tonnes reported for 2009 and 2010, respectively, under Article 7 of the Montreal Protocol, plus 2.5 ODP tonnes of HCFC-141b contained in imported pre‑blended polyol systems, resulting in 27.27 ODP tonnes;
3. To deduct 4.78 ODP tonnes of HCFCs from the starting point for sustained aggregate reduction in HCFC consumption;
4. To approve the draft Agreement between the Government of Panama and the Executive Committee for the reduction in consumption of HCFCs, as contained in Annex to the present report;
5. 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
6. To approve the first tranche of stage I of the HPMP for Panama, and the corresponding implementation plan, at the amount of US $182,281, consisting of US $132,773, plus agency support costs of US $9,958 for UNDP, and US $35,000, plus agency support costs of US $4,550 for UNEP.