Decision 81/26

The Executive Committee decided:

1. To note:
   1. The update on the implementation of the consolidated 2018–2020 business plan of the Multilateral Fund and financial planning for the triennium 2018‑2020 as contained in document UNEP/OzL.Pro/ExCom/81/12;
   2. That US $21,912,004 in HFC phase-down activities had been submitted to the 81^st meeting, including US $11,290,807 that had not been included in the 2018-2020 business plan;
   3. The bilateral agency business plans for 2018–2020 submitted by the Governments of Canada and Germany;
   4. That the 2018–2020 business plans of the Governments of Canada and Germany did not exceed 20 per cent of the Governments’ bilateral contributions for the triennium;
   5. That the 2018 funding tranche for the polyurethane rigid foam sector in stage II of the HCFC phase-out management plan (HPMP) for China had been moved to the 2019 consolidated business plan;
   6. That the 2018 funding tranche for the room air-conditioning manufacturing sector in stage II of the HPMP for China had been moved to the 2019 consolidated business plan;
2. To adopt resource allocations of US $194.4 million in 2018, US $174.6 million in 2019, and US $171 million in 2020;
3. To urge bilateral and implementing agencies to submit all projects and activities endorsed in the business plan in order to utilize fully the resources available during the for 2018-2020 triennium; and
4. To consider the availability of cash flow for the 2020 budget at the last meeting of 2019 in light of: the collection of interest; the unexpected return of unused balances from projects/Agreements; the payment of pledges from triennia prior to the previous replenishment; any losses due to non-payment of pledges expected from the previous replenishment; and any losses or gains due to the fixed-exchange-rate mechanism.