Decision 86/87

The Executive Committee decided:

1. To approve, in principle, stage III of the HCFC phase-out management plan (HPMP) for Panama for the period from 2020 to 2030 for the complete phase-out of HCFC consumption, in the amount of US $1,292,500, plus agency support costs of US $90,475 for UNDP, on the understanding that no more funding from the Multilateral Fund would be provided for the phase-out of HCFCs;
2. To note the commitment of the Government of Panama:
   1. To reduce HCFC consumption by 97.5 per cent of the country’s baseline by 2028, to phase out HCFCs completely by 1 January 2030 and that HCFCs would not be imported after that date, except for those allowed for a servicing tail between 2030 and 2040, where required, consistent with the provisions of the Montreal Protocol;
   2. To establish regulatory measures to control intended emissions of refrigerant during installation, servicing and decommissioning by 1 January 2024;
3. To note also that the second tranche of stage III of the HPMP for Panama would be considered only upon completion of stage II of the HPMP and submission of the project completion report;
4. To deduct 13.39 ODP tonnes of HCFCs from the remaining HCFC consumption eligible for funding;
5. To approve the Agreement between the Government of Panama and the Executive Committee for the reduction in consumption of HCFCs, in accordance with stage III of the HPMP, contained in Annex XLIII to the present report;
6. That, to allow for consideration of the final tranche of its HPMP, the Government of Panama should submit:
   1. A detailed description of the regulatory and policy framework in place to implement measures to ensure that HCFC consumption was in compliance with paragraph 8 ter(e)(i) of Article 5 of the Montreal Protocol for the period 2030‑2040;
   2. If Panama intended to have consumption in the period 2030–2040 in line with paragraph 8 ter(e)(i) of Article 5 of the Montreal Protocol, proposed modifications to the Agreement referred to in sub-paragraph (e) above covering the period beyond 2030; and
7. To approve the first tranche of stage III of the HPMP for Panama, and the corresponding tranche implementation plan, in the amount of US $206,800, plus agency support costs of US $14,476 for UNDP.