Decision 70/2

The Executive Committee decided:

1. To note:
   1. The report on balances and availability of resources, as contained in document UNEP/OzL.Pro/ExCom/70/4 and the return of US $432,419 by UNEP of the 2012 CAP budget balance to the 70th meeting;
   2. That the net level of funds being returned by the implementing agencies to the 70th meeting was US $1,013,088 against projects, which included the return of US $197,122 from UNDP, US $400,388 from UNEP and US $415,578 from UNIDO;
   3. That the net level of support costs being returned by the implementing agencies to the 70th meeting was US $78,105 against projects, which included the return of US $14,897 from UNDP, US $32,031 from UNEP and US $31,177 from UNIDO;
   4. That implementing agencies had balances totalling US $752,396, excluding support costs, from projects completed over two years previously, which included US $112,182 for UNDP, US $401,094 for UNEP and US $239,120 for UNIDO;
   5. That the Government of Japan and the Government of France had balances totalling US $308,920 and US $40,150, excluding support costs, for a total of three projects completed over two years previously;
   6. That the Government of Japan’s balance for completed projects not returned to the Fund, totalling US $40,154, excluding support costs, would be offset against future bilateral projects;
   7. That UNEP had reported obligated balances under two Compliance Assistance Programme (CAP) activities completed in 2010 and 2011 and to request UNEP to review those balances with a view to returning the funds at the 71^st meeting;
   8. That the net level of funds and support costs being returned by the bilateral agencies at the 70^th meeting was US $5,603 from the Government of Canada;
   9. That the Swedish International Development Agency had informed the Secretariat that the Government of Sweden would no longer have a Multilateral Fund bilateral programme;
2. To request:
   1. Implementing agencies with projects completed from 2004 to 2009 to return the balances as soon as possible; and
   2. The Treasurer to deduct the Government of Canada’s return in cash to the Fund of the amount of US $5,650 as a follow-up to decision 68/2(d)(ii), and the return of US $5,603 against the completed projects in Jamaica (JAM/FUM/47/TAS) and in Saint Lucia (STL/PHA/56/INV/15) from the Government of Canada’s regular contribution to the Fund.