The Executive Committee decided:
- To approve the request for project preparation for the HCFC phase-out investment activities for Argentina (stage II) (foam sector) in the amount of US $137,500, plus agency support costs of US $9,625 for the World Bank, noting that the approval was being granted on an exceptional basis in light of the limited time remaining to develop stage II of an HCFC phase-out management plan (HPMP) to enable Argentina to meet its 2020 compliance target, and was contingent on receipt by the Secretariat of an endorsement letter from the country stating how responsibilities for stage II of the HPMP had been assigned among the implementing agencies concerned; and
- To reiterate that future funding requests to prepare stages of HPMPs for all countries should be submitted for the purpose of developing the entire stage and include all of the activities and bilateral and implementing agencies involved, in line with decision 71/42.