The Executive Committee decided:

1. To approve, in principle, stage III of the HCFC phase-out management plan (HPMP) for Colombia for the period 2021–2030, in the amount of US $2,247,839, consisting of US $1,683,635, plus agency support costs of US $117,854, for UNDP and US $395,000, plus agency support costs of US $51,350, for the Government of Germany, 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 Colombia:
   1. To reduce HCFC consumption by 81 per cent by 1 January 2022, 87 per cent by 1 January 2024, and 94 per cent by 1 January 2028;
   2. To phase out HCFCs completely by 1 January 2030 and to ban the import of HCFCs by 1 January 2030, except for those allowed for a servicing tail between 2030 and 2040, where required, consistent with the provisions of the Montreal Protocol;
3. To deduct 23.59 ODP tonnes of HCFCs from the remaining HCFC consumption eligible for funding;
4. To approve the Agreement between the Government of Colombia and the Executive Committee for the reduction in consumption of HCFCs, in accordance with stage III of the HPMP, contained in Annex XXX to the present report;
5. That, to allow for consideration of the final tranche of its HPMP, the Government of Colombia 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 Colombia were intending to have consumption during the period 2030-2040, in line with paragraph 8 ter(e)(i) of Article 5 of the Montreal Protocol, the proposed modifications to the Agreement between the Government of Colombia and the Executive Committee covering the period beyond 2030; and
6. To approve the first tranche of stage III of the HPMP for Colombia, and the corresponding tranche implementation plan, in the amount of US $US $409,000, plus agency support costs of US $28,630, for UNDP.