Following informal discussions in an informal group to clarify the timing of and distribution of funds for the project, the Executive Committee decided:
- To approve, in principle, stage II of the HCFC phase-out management plan (HPMP) for Argentina for the period 2017 to 2022 to reduce HCFC consumption by 50 per cent of the baseline, in the amount of US $10,652,125, consisting of US $3,641,070, plus agency support costs of US $254,875 for UNIDO, US $6,050,168, plus agency support costs of US $423,512 for the World Bank, and US $250,000, plus agency support costs of US $32,500 for the Government of Italy;
- To note the commitment of the Government of Argentina:
- To reduce HCFC consumption by 50 per cent by 2022;
- To ban, no later than 1 January 2022, the import and use of HCFC-141b, pure or contained in pre-blended polyols, for the manufacture of polyurethane foam;
- To ban, no later than 1 January 2022, the import and use of HCFC-141b for flushing refrigeration circuits during servicing;
- To ban, no later than 1 January 2022, the import and use of HCFC-22 and HCFC‑142b for the manufacture of extruded polystyrene foam;
- To deduct 115.19 ODP tonnes of HCFCs from the remaining HCFC consumption eligible for funding;
- To approve the Agreement* between the Government of Argentina and the Executive Committee for the reduction in consumption of HCFCs, in accordance with stage II of the HPMP, as contained in Annex XIII to the present report; and
- To approve the first tranche of stage II of the HPMP for Argentina, and the corresponding tranche implementation plans, in the amount of US $1,944,500, consisting of US $645,746, plus agency support costs of US $45,202 for UNIDO, US $907,525, plus agency support costs of US $63,527 for the World Bank, and US $250,000, plus agency support costs of US $32,500 for the Government of Italy.
- This Agreement was revised as per Decision 80/31