Decision 86/32

The Executive Committee decided to request the Treasurer to offset the interest accrued by the Government of China up to 31 December 2019 on funds previously transferred for the implementation of sector plans under stages I and II of the HCFC phase-out management plan (HPMP) for the country, as per decisions 69/24 and 77/49(b)(iii), as follows:

1. To offset future transfers to UNIDO by US $5,665 representing interest accrued by the Government of China up to 31 December 2019 on funds previously transferred for the implementation of the extruded polystyrene foam sector plan under stages I and II of the HPMP;
2. To offset future transfers to the World Bank by US $3,879, representing interest accrued by the Government of China up to 31 December 2019 on funds previously transferred for the implementation of the polyurethane foam sector plan under stages I and II of the HPMP;
3. To offset future transfers to UNDP by US $86,874, representing interest accrued by the Government of China up to 31 December 2019 on funds previously transferred for the implementation of the industrial and commercial refrigeration sector plan under stages I and II of the HPMP;
4. To offset future transfers to UNIDO by US $26,213, representing interest accrued by the Government of China up to 31 December 2019 on funds previously transferred for the implementation of the room air-conditioning sector plan under stage I of the HPMP, and the room air-conditioning manufacturing and heat-pump water heater sector plan under stage II of the HPMP;
5. To offset future transfers to UNEP by US $7,472, representing interest accrued by the Government of China up to 31 December 2019 on funds previously transferred for the implementation of the refrigeration servicing sector plan and the national enabling programme under stages I and II of the HPMP; and
6. To offset future transfers to UNDP by US $891, representing interest accrued by the Government of China up to 31 December 2019 on funds previously transferred for the implementation of the solvent sector plan under stage II of the HPMP.