The Executive Committee decided:
- To note the request from the Government of the Islamic Republic of Iran to transfer to UNDP all remaining activities included in stage II of the HCFC phase-out management plan (HPMP) and the preparation of stage III of the HPMP that had been approved for the Government of Germany;
- With regard to stage II of the HPMP for the Islamic Republic of Iran:
- To note decision 92/3(b)(iv) and (v) on the return of balances by the Government of Germany for the second, third and fourth tranches, and the corresponding total fund transfer to UNDP for the implementation of the fourth tranche;
- To approve the transfer from the Government of Germany to UNDP of the funding of US $96,860, plus agency support costs of US $6,780, approved in principle, associated with the fifth tranche of stage II of the HPMP;
- To note that the Fund Secretariat had updated the Agreement* between the Government of the Islamic Republic of Iran and the Executive Committee for stage II of the HPMP, as contained in annex VII to the present report, specifically Appendix 2-A, to reflect the transfer of the components of the Government of Germany to UNDP, and paragraph 17, which had been modified to indicate that the revised updated Agreement superseded that reached at the 90th meeting; and
- With regard to the preparation of stage III of the HPMP, to note decision 92/3(b)(vi) and (vii) on the return of balances by the Government of Germany and the transfer of funds to UNDP for the preparation of the overarching strategy and the preparation of investment activities in the industrial refrigeration and air-conditioning sector.
*This Agreement was revised as per Decision 94/36.