Decision 74/2

The Executive Committee decided:

1. To note:
   1. The report on balances and availability of resources contained in document UNEP/OzL.Pro/ExCom/74/4 and the update provided by UNIDO after the document had been issued;
   2. That the net level of funds being returned to the 74^th meeting by the implementing agencies was US $2,409,941, which included the return of US $353,703, plus agency support costs of US $28,024, from UNDP; US $1,772,803, plus agency support costs of US $153,290, from UNEP; and US $94,931, plus agency support costs of US $7,190, from UNIDO;
   3. That the net level of funds being returned to the 74^th meeting by the bilateral agencies in cash against completed projects was US $12,363, which included US $6,529, plus agency support costs of US $849, from the Government of the Czech Republic; US $1,580, plus agency support costs of US $205, from the Government of Japan; and US $32, plus agency support costs of US $4 and interest of US $3,164, from the Government of Spain;
   4. That the return of US $140,685 (US $94,500, plus agency support costs of US $12,285 for the HCFC phase-out management plan (HPMP) (stage I, second tranche) for the Plurinational State of Bolivia; and US $30,000, plus agency support costs of US $3,900), for the verification report for stage I of the HPMP, from the Government of Germany owing to the change of implementing agency would be offset against future approved bilateral projects for the Government of Germany;
   5. That UNIDO had balances of US $15,053, excluding agency support costs, for one project completed over two years previously;
   6. That UNEP had unobligated balances of US $50,000, excluding agency support costs, for one project completed over two years previously;
   7. That the World Bank had unobligated balances of US $521,029, excluding agency support costs, for one project completed “by decision” of the Executive Committee;
   8. That the Government of France had balances for one project closed and four projects completed over two years previously, totalling US $378,985, excluding agency support costs, which would be offset against future approved bilateral projects for the Government of France;
   9. That the Government of Israel had balances for one project completed over two years previously, totalling US $68,853, excluding agency support costs;
   10. That the Government of Italy had balances for two projects completed over two years previously, totalling US $4,228 in obligated and US $3,043 in unobligated balances, excluding agency support costs;
2. To request:
   1. Bilateral and implementing agencies with projects completed over two years previously to return the balances to the 75^th meeting;
   2. Bilateral and implementing agencies to liquidate or cancel obligations not needed for completed projects and projects completed "by decision” of the Executive Committee in order to return balances to the 75^th meeting as a follow-up to decision 70/7(b)(ii) and (iii) and decision 71/11(b);
   3. UNEP and the World Bank to return all unobligated balances from completed projects and/or projects completed“by decision” of the Executive Committee to the 75^th meeting;
   4. The Government of Italy to return all unobligated balances to the 75^th meeting;
   5. The Secretariat to adjust the additional funds allocated to UNEP for stage I of the HPMP for the Philippines from US $1,077,221, plus agency support costs of US $124,364, approved at the 68^th meeting (decision 68/20) to US $1,033,575, plus agency support costs of US $123,693, to reflect the actual balance returned by the World Bank, as recorded in the report of the 66^th meeting (UNEP/OzL.Pro/ExCom/66/54);
   6. The Treasurer to follow up with the Governments of the Czech Republic, Japan, and Spain the respective return of balances to the Fund and to record the amount of US $3,164 as interest income for the Fund;
3. To approve:
   1. The transfer of preparation of stage II of the HPMP (EGY/PHA/73/PRP/121) and related investment activities in the foam sector (EGY/FOA/73/PRP/120) for Egypt from UNIDO to UNDP, in the amount of US $20,000, plus agency support costs of US $1,400, for each of the two projects;
   2. The transfer of preparation of stage II of the HPMP for Chile (CHI/PHA/73/PRP/182) from UNDP to UNIDO, in the amount of US $40,000, plus agency support costs of US $2,800;
   3. The extension of the duration of the African chiller demonstration project being implemented by the Governments of France (AFR/REF/48/DEM/36) and Japan (AFR/REF/48/DEM/35) until December 2015 to enable the completion of assistance to Sudan; and
   4. The extension of the duration of the national ODS phase-out plan in Yemen (YEM/PHA/55/INV/28 and YEM/PHA/60/INV/36) until June 2016 owing to the continued crisis and conflict in the country.