Decision 83/39

The Executive Committee decided:

1. To note the request by the Government of the Philippines to transfer to UNIDO all the phase-out activities included in stage II of the HCFC phase-out management plan (HPMP) for the country, and the enabling activities for HFC phase-down, that had initially been planned for implementation by the World Bank;
2. With regard to stage II of the HPMP for the Philippines:
   1. To note that the World Bank had already returned to the Multilateral Fund at the 83^rd meeting US $1,010,023, plus agency support costs of US $70,701, associated with the first tranche (PHI/PHA/80/INV/103 and PHI/PHA/80/TAS/102);
   2. To approve:
      1. The transfer to UNIDO of US $1,010,023, plus agency support costs of US $70,701 approved for the World Bank, associated with the first tranche (PHI/PHA/80/INV/103 and PHI/PHA/80/TAS/102);
      2. The transfer from the World Bank to UNIDO of the funding of US $1,740,034, plus agency support costs of US $121,802, approved in principle, associated with the second and third funding tranches;
   3. To note that the Fund Secretariat had updated the Agreement between the Government of the Philippines and the Executive Committee for stage II of the HPMP, as contained in Annex IV to the present report, specifically paragraph 9 and Appendix 2-A to reflect the transfer to UNIDO of the components originally planned for the World Bank and paragraph 17, which had been added to indicate that the World Bank had stopped being the lead implementing agency as of the 83rd meeting, and that the updated Agreement superseded that reached at the 80^th meeting;
3. With regard to the enabling activities for HFC phase-down approved under the additional contributions to the Multilateral Fund (PHI/SEV/80/TAS/01+):
   1. To note that the World Bank had already returned the remaining balance of US $225,992, plus agency support costs of US $15,819, at the 83^rd meeting; and
   2. To approve the transfer to UNIDO of the remaining balance of US $225,992, plus agency support costs of US $15,819, originally approved for the World Bank, under the additional contributions to the Multilateral Fund.