Decision 71/41

Following the discussion, 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 Viet Nam;
   2. That the Fund Secretariat had updated paragraph 2, Appendices 1-A and 2-A of the Agreement between the Government of Viet Nam and the Executive Committee, based on the established HCFC baseline for compliance, and that a new paragraph 15 had been added to indicate that the updated Agreement* superseded that reached at the 63^rd meeting, as contained in Annex XXIV to the present report;
   3. That the revised starting point for sustained aggregate reduction in HCFC consumption was 221.21 ODP tonnes, calculated using actual consumption of 207.5 ODP tonnes and 234.9 ODP tonnes reported for 2009 and 2010, respectively, under Article 7 of the Montreal Protocol, plus the average annual consumption of pre-blended polyol in the years 2007 to 2009 of 164.6 ODP tonnes, giving a total of 385.77 ODP tonnes; and
2. To approve the second tranche of stage I of the HPMP for Viet Nam and the corresponding 2014-2015 tranche implementation plan, in the amount of US $5,663,016, plus agency support costs of US $424,726 for the World Bank.

• This Agreement was revised as per Decision 84/82