Subsequently, the Executive Committee decided:
- To note the progress report on the implementation of the second tranche of stage II of the HCFC phase-out management plan of (HPMP) for Colombia; and
- To approve the third tranche of stage II of the HPMP for Colombia, and the corresponding 2019-2021 tranche implementation plan, in the amount of US $736,751, consisting of US $635,749, plus agency support costs of US $44,502 for UNDP, and US $50,000, plus agency support costs of US $6,500 for UNEP, on the understanding that UNDP would report the actual incremental operating costs incurred during the conversion to reduced hydrofluoroolefin formulations in the foam sector when requesting the fourth and final tranche of stage II of the HPMP, and that if the incremental operating costs were below US $2.13/kg, the Government of Colombia would return the associated funds to the Multilateral Fund, in line with decision 75/44(b)(vi) and decision 81/34(a).