Decision 71/38

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 Indonesia;
   2. That the Fund Secretariat had updated paragraph 1, Appendices 1-A and 2-A of the Agreement between the Government of Indonesia and the Executive Committee, based on the established HCFC baseline for compliance, and that a new paragraph 17 had been added to indicate that the updated Agreement superseded that reached at the 64^th meeting, as contained in Annex XXI to the present report;
   3. That the revised starting point for sustained aggregate reduction in HCFC consumption was 403.9 ODP tonnes, calculated using actual consumption of 374.8 ODP tonnes and 433.0 ODP tonnes reported for 2009 and 2010, respectively, under Article 7 of the Montreal Protocol; and
2. To approve the second tranche of stage I of the HPMP for Indonesia, and the corresponding 2014-2015 tranche implementation plan, in the amount of US $5,313,475, consisting of US $4,000,000, plus agency support costs of US $300,000 for UNDP, and US $942,767, plus agency support costs of US $70,708 for the World Bank.