Decision 91/3

The Executive Committee decided:

1. To note:
   1. The report on balances and availability of resources contained in document UNEP/OzL.Pro/ExCom/91/4;
   2. That the net level of funds being returned by the implementing agencies at the 91st meeting was US $3,085,700, consisting of US $38,438, plus agency support costs of US $2,887, from UNDP; US $2,578,802, plus agency support costs of US $219,667, from UNEP; US $225,813, plus agency support costs of US $16,526, from UNIDO; and US $3,334, plus agency support costs of US $233, from the World Bank;
   3. That UNDP held balances of US $30,298, including agency support costs, for two projects completed over two years previously, and US $43,987, including agency support costs, for four completed projects 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 $5,931, including agency support costs, for one project completed over two years previously, US $23,307, including agency support costs, for two projects completed“by decision of the Executive Committee” and US $210,806, including agency support costs, for seven projects 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;
   5. That the World Bank held a balance of US $334, including agency support costs, for 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;
   6. That the net level of funds being returned at the 91^st meeting by the Government of France was US $21,199, consisting of US $18,488, plus agency support costs of US $1,479, and accrued interest of US $1,232, which would be considered additional income to the Fund;
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 at the 92^nd meeting;
   2. UNDP and UNIDO to proceed with disbursement or to cancel commitments for the projects completed over two years previously and to return the balances at the 92^nd meeting;
   3. UNDP, UNIDO and the World Bank to proceed with disbursement or return at the 92^nd meeting the balances from completed projects funded using the additional voluntary contributions;
   4. UNIDO to return at the 92^nd meeting the balances of two projects completed“by decision of the Executive Committee”, in line with decision 86/17(i)(i); and
   5. The Treasurer to follow up with the Government of France regarding the return, in cash, of the amount of US $21,199 referred to in subparagraph (a)(vi) above.