The Executive Committee decided:
- To approve, in principle, stage II of the HCFC phase-out management plan (HPMP) for Armenia for the period 2016 to 2020 to reduce HCFC consumption by 66.6 per cent of the baseline, in the amount of US $238,896, consisting of US $129,600, plus agency support costs of US $11,664 for UNDP, and US $86,400, plus agency support costs of US $11,232 for UNEP;
- To deduct 3.26 ODP tonnes of HCFCs from the remaining HCFC consumption eligible for funding;
- To approve the Agreement between the Government of Armenia and the Executive Committee for the reduction in consumption of HCFCs, in accordance with stage II of the HPMP, contained in Annex XVII to the present report;
- To approve the first tranche of stage II of the HPMP for Armenia, and the corresponding tranche implementation plans, in the amount of US $157,270, consisting of US $108,000, plus agency support costs of US $9,720 for UNDP, and US $35,000, plus agency support costs of US $4,550 for UNEP, on the understanding that if Armenia were to decide to proceed with retrofits, and associated servicing, to flammable and toxic refrigerants in refrigeration and air‑conditioning equipment originally designed for non-flammable substances, it would do so assuming all associated responsibilities and risks, and only in accordance with the relevant standards and protocols; and
- To request UNDP to report on the status of sale of equipment purchased for the enterprise SAGA at each Executive Committee meeting until the sale of equipment had been completed and funds obtained from the sale of the equipment have been returned to the Multilateral Fund.