Decision 74/48

The Executive Committee decided:

1. To note the progress report on implementation of the first tranche of stage I of the HCFC phase-out management plan (HPMP) for Thailand;
2. To approve:
   1. The reallocation of a balance of US $154,853 from the air-conditioning manufacturing investment project to a train-the-trainer programme for installation and servicing of HFC-32 air-conditioning equipment, on the understanding that the Government of Thailand would maintain its HCFC phase-out commitment as approved in the HPMP; and
   2. The second tranche of stage I of the HPMP for Thailand, and the corresponding 2015-2016 tranche implementation plan, in the amount of US $9,706,154, plus agency support costs of US $679,431 for the World Bank, on the understanding that the approved funds would not be transferred to the World Bank until the Secretariat had reviewed the verification report and confirmed that the Government of Thailand was in compliance with the Montreal Protocol and the Agreement between the Government and the Executive Committee; and
3. To request that, upon submission of the request for the third tranche of stage I of the HPMP for Thailand, the Executive Committee be provided with an update on the implementation of paragraph 7(e) of the Agreement between the Government and the Executive Committee.