Decision 68/26

The Executive Committee decided:

1. To note:
   1. The progress report on the implementation of the first tranche of stage I of the HCFC phase-out management plan (HPMP) for the Islamic Republic of Iran;
   2. That the Fund Secretariat had updated paragraph 1, Appendices 1-A and 2-A of the Agreement between the Government of the Islamic Republic of Iran and the Executive Committee, based on the established HCFC baseline for compliance; the deduction of US $173,550, plus agency support costs of US $13,016 for UNIDO, associated with the conversion of the foam enterprise Yakhchavan, which had been identified as non-eligible for funding under the Multilateral Fund after the HPMP had been approved and that a new paragraph 16 had been added to indicate that the updated Agreement attached as Annex XIII to the present report superseded the Agreement reached at the 63^rd meeting;
2. To note that the revised starting point for sustained aggregate reduction in HCFC consumption was 380.5 ODP tonnes, calculated using actual consumption of 362.1 ODP tonnes and 398.8 ODP tonnes reported for 2009 and 2010, respectively, under Article 7 of the Montreal Protocol; and
3. To approve the second tranche of stage I of the HPMP for the Islamic Republic of Iran, and the corresponding tranche implementation plans, at the amount of US $2,959,850, consisting of US $1,370,000, plus agency support costs of US $102,750 for UNDP, US $534,233, plus agency support costs of US $60,617 for the Government of Germany, and US $830,000, plus agency support costs of US $62,250 for UNIDO.