Decision 71/29

Fund disbursement threshold for tranches of HCFC phase-out management plans

The Executive Committee decided:

1. To confirm that achievement of the 20 per cent disbursement threshold provision should be determined in terms of the level of disbursement to final beneficiaries, where applicable; and
2. To request the Secretariat to review the application of the 20 per cent disbursement threshold provision for the 72^nd meeting with a view to clarifying and ensuring its consistent application, and to enable consideration of alternative options for defining pre-conditions for submission of multi-year tranches.