Decision 81/64

On the basis of the discussions in the contact group on HFC investment projects, the Executive Committee decided:

1. To note the project proposal for the conversion of commercial refrigeration manufacturing in two facilities from the use of HFC-134a and R-404A as the refrigerants to isobutane (R-600a) and propane (R-290) at Imbera in Mexico contained in document UNEP/OzL.Pro/ExCom/81/45;
2. To approve the project referred to in sub-paragraph (a) above in the amount of US $1,018,123, plus agency support cost of US $71,268 for UNIDO, taken from the additional voluntary contributions provided by a group of non-Article 5 countries for fast-start support for the implementation of the HFC phase-down, on the understanding:
   1. That no further funding would be available until the instrument of ratification by the Government of Mexico had been received by the depositary at the Headquarters of the United Nations in New York;
   2. That 70.96 metric tonnes (mt) (101,470 mt CO2-eq) of HFC-134a and 5.91 mt (23,187 mt CO2-eq) of R-404A would be deducted from the starting point for sustained aggregate reduction in HFCs once it had been established;
   3. That the project would be completed within 24 months of the transfer of funds to UNIDO and a comprehensive completion report would be submitted within six months of the project completion with detailed information on:
      1. The eligible incremental capital costs for all equipment and other components including those not funded under the project;
      2. Incremental operating costs;
      3. Any possible savings incurred during the conversion and relevant factors that facilitated implementation (e.g. whether any purchased and/or installed equipment or supplies had gone through a competitive quote/bidding process and the details thereof);
      4. Changes in the energy efficiency of the products being manufactured and any related policies undertaken by the Government;
      5. Information on the implementation of the servicing component where applicable; and
   4. That any remaining funds would be returned to the Multilateral Fund no later than one year after the date of project completion.