Decision 76/2

The Executive Committee decided:

1. To note:
   1. The report on balances and availability of resources contained in document UNEP/OzL.Pro/ExCom/76/4;
   2. That the net level of funds being returned to the 76^th meeting by the implementing agencies was US $867,120, which included the return of: US $243,247 plus agency support costs of US $18,238 from UNDP; US $6,113 plus agency support costs of US $1,403 from UNEP; US $73,462 plus agency support costs of US $6,907 from UNIDO; and US $481,628 plus agency support costs of US $36,122 from the World Bank;
   3. That UNIDO had balances of US $145,448, excluding support costs, for two projects completed over two years previously;
   4. That the Government of France had balances for one closed project and four completed projects, totalling US $425,293, including agency support costs, which would be offset against bilateral projects approved for the Government of France at the 76^th meeting;
   5. That the Government of Germany had balances for one completed project, totalling US $1,989, including agency support costs, which would be offset against bilateral projects approved for the Government of Germany at the 77^th meeting;
   6. That the Government of Italy had balances for five completed projects, totalling US $22,357, including agency support costs, which would be offset against bilateral projects approved for the Government of Italy at the 77^th meeting;
2. To request:
   1. Implementing agencies with projects completed over two years previously to return the balances to the 77^th meeting;
   2. Bilateral and implementing agencies to disburse or to cancel commitments not needed for completed projects and projects completed "by decision of the Executive Committee” in order to return balances to the 77^th meeting;
3. To request the Treasurer:
   1. To adjust, by US $82,009, including agency support costs, the amount due in cash to the Multilateral Fund from the Government of Israel to reflect the balances associated with one project completed since December 2008; and
   2. To adjust, by US $53,765, including agency support costs, the amount due in cash to the Multilateral Fund from the Government of Portugal to reflect the balances associated with one project completed since July 2011.