The Executive Committee decided:
- To take note of the progress report on the implementation of the first tranche of stage I of the HCFC phase-out management plan (HPMP) in Armenia;
- To note that the Fund Secretariat had updated paragraph 1 of the Agreement between the Government of Armenia and the Executive Committee, as well as Appendix 2-A:“The targets, and funding”, based on the established HCFC baseline for compliance, and a new paragraph 16 had been added to indicate that the updated Agreement superseded the Agreement reached at the 62nd meeting. The revised Agreement* is attached as Annex XI to the present report; and
- To approve the second tranche of stage I of the HPMP for Armenia, and the corresponding implementation plan, at the amount of US $297,177, plus agency support costs of US $22,288 for UNDP.
- This Agreement was revised as per Decision 74/23