Decision 87/2

The Executive Committee decided:

1. To note:
   1. The report on balances and availability of resources contained in document UNEP/OzL.Pro/ExCom/87/4;
   2. That the net level of funds being returned at the 87^th meeting by the implementing agencies was US $2,308,358, consisting of: US $58,511, plus agency support costs of US $4,199, from UNDP; US $1,867,022, plus agency support costs of US $148,337, from UNEP, and US $214,743, plus agency support costs of US $15,546, from UNIDO;
   3. That UNEP held balances of US $109,372, including agency support costs, from seven projects completed over two years previously, which included balances of US $434, including agency support costs, from one ODS-alternative survey project and US $10,110, including agency support costs, from one project funded using the additional voluntary contributions made by a group of donor countries to finance fast-start activities for the implementation of HFC phase-down;
   4. That UNIDO held balances of US $2,132, including agency support costs, from one project funded using the additional voluntary contributions;
   5.  That the net level of funds being returned by the Government of France at the 87^th meeting was US $6,247, plus agency support costs of US $500;
2. To request:
   1. Bilateral and implementing agencies to proceed with disbursement or to cancel committed and not-committed funds that were not needed for completed projects and projects completed“by decision of the Executive Committee”, and to return the associated balances to the 88^th meeting;
   2. UNEP to return to the 88^th meeting the balance from one ODS-alternative survey project completed over two years previously, in line with decision 80/75(c)(i), and the balance from one completed project funded using the additional voluntary contributions;
   3. UNEP to proceed with disbursement or to cancel commitments for the remaining six projects completed over two years previously, and to return the balances to the 88^th meeting;
   4. UNIDO to return to the 88^th meeting the balance from one completed project funded using the additional voluntary contributions; and
   5. The Treasurer to follow up with the Government of France, on the return, in cash, of the amount of US $6,747 referred to in sub-paragraph (a)(v) above.