Decision 71/12

Financial audit report from China on the CFC production, halon and CTC sector plans

Following a report of the contact group, the Executive Committee decided:

1. To note the financial audit report submitted by the Government of China through the World Bank pursuant to decision 56/13 contained in document UNEP/OzL.Pro/ExCom/71/6/Add.1;
2. To invite the Government of China to provide:
   1. Through the World Bank, a report to the 72^nd meeting explaining why the 2012 audit report indicated balances higher than the budgets approved at the 56^th and 57^th meetings for the halon and polyurethane foam sectors, and information on the resolution of the legal issue identified in the verification report to the 65^th meeting with respect to the transportation of recovered halons to halon banks for recovery and recycling requested by decision 65/10(i)(ii);
   2. Through the relevant implementing agency, in future financial audit reports per decision 56/13, data on all funds from the Multilateral Fund that were being held by the Government of China for disbursement to final beneficiaries, and the interest accrued from those balances held by the Government of China, including data on the process agent II sector plan, the solvent sector plan and the refrigeration servicing plan;
   3. Comprehensive information on progress related to the work plans for the sector plans and its proposal on how to use potential balances for the consideration of the Executive Committee at the 72^nd meeting; and
3. To request the Secretariat to prepare a document for submission to the 72^nd meeting, including all relevant information to allow the Executive Committee to continue considering China’s plans to use the balances held for all sector plans.