Decision 80/59

Following discussions in a group, during which it was agreed that the proposed distribution of funding tranches should be modified, the Executive Committee decided:

1. To approve, in principle, stage II of the HCFC phase-out management plan (HPMP) for Peru for the period from 2017 to 2025 to reduce HCFC consumption by 67.5 per cent of the baseline, in the amount of US $1,483,730, consisting of US $1,167,000, plus agency support costs of US $81,690 for UNDP, and US $208,000, plus agency support costs of US $27,040 for UNEP;
2. To note:
   1. The commitment of the Government of Peru to reduce HCFC consumption by 67.5 per cent of the baseline by 2025;
   2. That the revised starting point for sustained aggregate reduction in HCFC consumption was 54.79 ODP tonnes, calculated using actual consumption of 27.3 ODP tonnes and 26.45 ODP tonnes reported under Article 7 of the Montreal Protocol for 2009 and 2010, respectively, plus 27.91 ODP tonnes of HCFC-141b contained in imported pre-blended polyol systems;
   3. That during implementation of stage II of the HPMP the Government of Peru could submit a project to phase out the use of HCFC-141b contained in imported pre-blended polyols in the polyurethane foam sector, when proven cost-effective and commercially available low-global-warming-potential technology made it possible;
3. To deduct 14.40 ODP tonnes of HCFCs from the remaining HCFC consumption eligible for funding;
4. To approve the Agreement between the Government of Peru 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; and
5. To approve the first tranche of stage II of the HPMP for Peru, and the corresponding tranche implementation plans, in the amount of US $445,119, consisting of US $350,100, plus agency support costs of US $24,507 for UNDP, and US $62,400, plus agency support costs of US $8,112 for UNEP.