Decision 88/63

The Executive Committee decided, with regard to the interest accrued by the Government of China, up to 31 December 2020, on funds previously transferred for the implementation of sector plans under stages I and II of the HCFC phase-out management plan (HPMP), as per decision 69/24 and decision 77/49(b)(iii), to request the Treasurer:

1. To offset future transfers to the World Bank by US $989, representing interest accrued on funds previously transferred for the implementation of the polyurethane foam sector plan under stage II of the HPMP;
2. To offset future transfers to UNDP by US $72,559, representing interest accrued on funds previously transferred for the implementation of the industrial and commercial refrigeration sector plan under stages I and II of the HPMP;
3. To offset future transfers to UNIDO by US $17,695, representing interest accrued on funds previously transferred for the implementation of the room air-conditioning sector plan under stages I and II of the HPMP;
4. To offset future transfers to UNDP by US $1,133, representing interest accrued on funds previously transferred for the implementation of the solvent sector plan under stage II of the HPMP; and
5. To offset future transfers to UNEP by US $7,107, representing interest accrued on funds previously transferred for the implementation of the refrigeration servicing sector plan and the national enabling programme under stage II of the HPMP.