Decision 90/44

The Executive Committee decided:

1. To note the progress report on the implementation of the first tranche of stage II of the HCFC phase-out management plan (HPMP) for Bangladesh;
2. To approve the second tranche of stage II of the HPMP for Bangladesh, and the corresponding tranche implementation plan, in the amount of US $2,142,405, plus agency support costs of US $149,968, for UNDP, on the understanding that:
   1. The Treasurer would be requested to transfer the approved funds to UNDP only following receipt and review of the verification report by the Secretariat in line with decision 72/19(b);
   2. UNDP committed to submitting the verification report by the end of June 2022 and no later than 12 weeks prior to the 91^st meeting;
   3. The recommendations included in the verification report would be addressed during the implementation of the second tranche of stage II of the HPMP and that the actions implemented towards the end of the tranche would be included in the progress report of the second tranche for stage II of the HPMP for Bangladesh to be submitted with the request for the third tranche;
   4. In the event that the verification report confirmed that Bangladesh had not been in compliance with the Montreal Protocol and its Agreement with the Executive Committee, the Secretariat would inform the Executive Committee so that relevant actions, including application of the penalty clause, could be considered at the 91^st meeting; and
3. To note that the Fund Secretariat had updated the Agreement* between the Government of Bangladesh and the Executive Committee, as contained in Annex XIX to [document UNEP/OzL.Pro/ExCom/90/40], specifically, Appendix 2-A, on the basis of the revisions to the tranche schedule owing to implementation delays, and paragraph 17, which had been added to indicate that the updated Agreement superseded that reached at the 81^st meeting.

*This Agreement was revised as per Decision 94/32.