Decision 66/38

The Executive Committee decided:

1. To note that stage I of the HCFC phase-out management plan (HPMP) for Nepal had been approved in principle at the 62^nd meeting of the Executive Committee for the period 2010-2020 to reduce HCFC consumption by 35 per cent of the baseline, at the amount of US $233,940, comprising US $126,000, plus agency support costs of US $16,380 for UNEP, and US $84,000, plus agency support costs of US $7,560 for UNDP;
2. To reiterate that the Government of Nepal had agreed at the 62^nd meeting to establish as its starting point for sustained aggregate reduction in HCFC consumption the official consumption ceiling set by the country of 1.27 ODP tonnes, and not based on 2009 or 2010 estimated consumption;
3. To deduct 0.64 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 Nepal and the Executive Committee for the reduction in consumption of HCFCs, as contained in Annex XX to the present report; and
5. To approve the first tranche of stage I of the HPMP for Nepal, and the corresponding implementation plan, at the amount of US $116,970, consisting of US $63,000, plus agency support costs of US $8,190 for UNEP, and US $42,000, plus agency support costs of US $3,780 for UNDP, on the condition that disbursements would only be made after official confirmation that the country had submitted its instrument of ratification of the Copenhagen Amendment to the United Nations Treaty Depositary Office in New York had been received by the Multilateral Fund Secretariat.