Decision 82/80

Following informal discussions, the Executive Committee decided to approve the project proposal for the conversion from HFCs to propane (R-290) and isobutane (R600a) in the manufacture of commercial refrigeration appliances at Pattana Intercool Co. Ltd., in Thailand, in the amount of US $183,514, plus agency support cost of US $16,516 for the World Bank, 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 of the Kigali Amendment by the Government of Thailand had been received by the depositary at the Headquarters of the United Nations in New York;
2. That 8.78 metric tonnes of HFC-134a (12,555 mt CO2-eq) would be deducted from the starting point for sustained aggregate reduction in HFCs once it had been established; and
3. That the project would be completed within 24 months of the transfer of funds to the World Bank 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 established by the Government;
   5. Information on the implementation of the servicing component where applicable; and
   6. That any remaining funds would be returned to the Multilateral Fund no later than one year after the date of project completion.