Decision 77/2

The Executive Committee decided:

1. To note:
   1. The report on balances and availability of resources contained in document UNEP/OzL.Pro/ExCom/77/4;
   2. That the net level of funds being returned to the 77^th meeting by the implementing agencies was US $863,471, consisting of: US $244,115, plus agency support costs of US $18,478 from UNDP; US $126,301, plus agency support costs of US $17,643 from UNEP; US $42,829, plus agency support costs of US $2,664 from UNIDO; and US $411,441 in agency support costs from the World Bank;
   3. That the net level of funds being returned to the 77^th meeting by the bilateral agencies was US $115,282, consisting of: US $76,711, plus agency support costs of US $8,783, and US $29,552 in accrued interest, from the Government of Italy; and US $209, plus agency support costs of US $27, from the Government of Japan;
   4. That UNEP had balances of US $138,818, excluding support costs, for nine projects completed over two years previously;
   5. That UNIDO had balances of US $137,311, excluding support costs, for one project completed over two years previously;
   6. That the Government of Germany had non-committed balances for one completed and two ongoing projects, totalling US $1,989 and US $149,090, respectively, including agency support costs, which would be offset against bilateral projects submitted to the 77^th meeting, if they were approved by the Executive Committee;
   7. That the Government of Spain had balances for two completed projects that had been completed over two years previously, totalling US $15,600 in agency support costs, which would be offset against bilateral projects submitted to a future meeting, subject to their approval;
2. To request:
   1. Bilateral and implementing agencies with projects completed over two years previously to return the balances to the 79^th meeting;
   2. Bilateral and implementing agencies to disburse or cancel commitments not needed for completed projects and those completed“by decision of the Executive Committee” in order to return the balances to the 79^th meeting;
   3. UNEP to return non-committed balances to the 79^th meeting; and
   4. The Treasurer to follow up with the Governments of Italy and Japan on the return in cash as indicated in sub-paragraph (a)(iii) above.