Decision 86/45

The Executive Committee decided:

1. To note the consolidated business plan of the Multilateral Fund for 2021–2023 contained in document UNEP/OzL.Pro/ExCom/86/25;
2. To decide:
   1. To adjust the business plan as proposed by the Secretariat in document UNEP/OzL.Pro/ExCom/86/25;
   2. To further adjust the business plan:
      1. By adding to the 2021 business plan the HCFC phase-out management plans (HPMPs), HFC phase-down plan preparation and a HFC-23 by‑product control project that had been deferred at the 86th meeting;
      2. By taking into account the level of replenishment of the Multilateral Fund for the triennium 2021–2023 once adopted by the Meeting of the Parties to the Montreal Protocol; and
3. To endorse the consolidated business plan of the Multilateral Fund for 2021–2023, as adjusted by the Secretariat and the Executive Committee, taking into consideration relevant decisions taken at the 86th meeting, while noting that endorsement did not denote approval of the projects identified therein or of their funding or tonnage levels.