Decision 69/3

The Executive Committee decided:

1. To note:
   1. The report on balances and availability of resources contained in document UNEP/OzL.Pro/ExCom/69/4;
   2. That the net level of funds being returned by the implementing agencies to the 69^th meeting was US $635,063 against projects, which included the return of US $505,286 from UNDP, US $29,119 from UNEP, US $66,345 from UNIDO and US $34,313 from the World Bank;
   3. That the net level of agency support costs being returned by the implementing agencies to the 69^th meeting was US $51,625 against projects, which included the return of US $39,758 from UNDP, US $3,785 from UNEP, US $4,994 from UNIDO, and US $3,088 from the World Bank;
   4. That implementing agencies had balances totalling US $535,869, excluding agency support costs, from projects completed over two years previously, which included US $286,241 for UNDP, US $8,000 for UNEP and US $241,628 for UNIDO;
   5. That the Government of Japan’s balance for completed projects not returned to the Fund, totalling US $52,906, excluding support costs, would be offset against future bilateral projects;
   6. That the net level of funds and support costs being returned by the bilateral agencies to the 69^th meeting was US $176,122, which included the return of US $175,930 from the Government of France and US $192 from the Government of Portugal, and to request the Treasurer to follow up with the Government of Portugal on the cash transfer of US $192 to the Fund; and
2. To request implementing agencies with projects completed in 2007 to 2009 to return the balances as soon as possible.