The Executive Committee decided:

1. To approve, in principle, stage I of the Kigali HFC implementation plan (KIP) for Colombia for the period 2024–2029 to reduce HFC consumption by 18.3 per cent of the country’s baseline by 2029, in the amount of US $5,043,086, consisting of US $4,270,960, plus agency support costs of US $298,967, for UNDP, US $368,725, plus agency support costs of US $47,934, for the Government of Germany and US $50,000, plus agency support costs of US $6,500, for UNEP, as reflected in the schedule contained in annex XXXVIII to the present report;
2. To note:
   1. That the Government of Colombia would establish its starting point for sustained aggregate reductions in HFC consumption on the basis of guidance provided by the Executive Committee;
   2. That, once the cost guidelines for HFC phase-down had been agreed by the Executive Committee, reductions from the country’s remaining HFC consumption eligible for funding would be determined in line with those guidelines;
   3. That the reductions from the country’s remaining HFC consumption eligible for funding referred to in subparagraph (b)(ii) above would be deducted from the starting point referred to in subparagraph (b)(i);
   4. That the level of costs approved for the commercial refrigeration manufacturing sector would not constitute a precedent for future such projects;
   5. The commitment of the Government to issue a ban on the import and manufacture of HFC-based stand-alone commercial refrigeration equipment by 1 July 2028 and that the ban would enter into force by 1 July 2029;
   6. That UNDP would include in progress reports submitted under the KIP the names and consumption of enterprises manufacturing HFC-based stand-alone commercial refrigeration equipment beyond the 27 enterprises assisted under the project, and that consumption would be deducted from the country’s remaining HFC consumption eligible for funding when stage II of the KIP was submitted;
   7. That UNDP would report on the quantity of HFCs phased out through carbon dioxide-based equipment manufactured by the enterprise Weston upon completion of the project, and that, if Weston phased out less than 5 metric tonnes of HFCs through the manufacture of carbon dioxide-based stand-alone refrigeration units, the enterprise would return to the Multilateral Fund, through UNDP, US $19.01/kg plus agency support costs for every kilogram not manufactured using carbon dioxide;
   8. That the Fund Secretariat had updated the Agreement between the Government of Colombia and the Executive Committee for stage III of the HCFC phase-out management plan, as contained in annex XXXIX to the present report, specifically Appendix 2-A, to reflect the shifting of the third tranche of the Agreement to 2027; Appendix 3-A, to specify that future tranches would be submitted to the first meeting of the year specified in Appendix 2-A; and paragraph 17, which had been added to indicate that the updated Agreement superseded that reached at the 88th meeting (decision 88/57);
   9. That, upon completion of the end-user projects included in stage I of the KIP, UNDP would submit a final report on the implementation of those projects, including the HFC phase-out and energy efficiency gains achieved, in line with decision 92/36(g);
3. To encourage the Government of Colombia to initiate during the implementation of stage I the development of a strategic approach for the sustained phase-out of HFC consumption in the local assembly and installation subsector for supermarket refrigeration, for possible inclusion in stage II of the KIP, that included consideration of incentives and policy measures to sustain the phase-out achieved, taking into account document UNEP/OzL.Pro/ExCom/95/89 discussed during the 95th meeting;
4. To note the strong commitment of the Government of Colombia to support reductions in HFC consumption in advance of the Montreal Protocol targets;
5. To note also:
   1. That the Government of Colombia would continue to monitor its HFC consumption to understand the extent to which reported consumption in baseline years was representative of the local market’s needs and to assess what future HFC demand would be, and would provide that analysis when submitting the second tranche of its KIP;
   2. That, on the basis of the information provided in subparagraph (e)(i) above, the maximum allowable consumption limits for the remaining years of stage I of the KIP, as contained in Appendix 2-A to the future Agreement between the Government of Colombia and the Executive Committee, would be revised when the Committee considered the second tranche of the KIP;
6. To approve the first tranche of stage I of the KIP for Colombia, and the corresponding tranche implementation plan, in the amount of US $3,026,307, consisting of US $2,554,986, plus agency support costs of US $178,849, for UNDP and US $258,825, plus agency support costs of US $33,647, for the Government of Germany; and
7. To request the Government of Colombia, UNDP, the Government of Germany, UNEP and the Secretariat to finalize the draft Agreement between the Government of Colombia and the Executive Committee for the reduction in consumption of HFCs, including the information contained in the annex referred to in subparagraph (a) above, and to submit it to a future meeting once the KIP Agreement template had been approved by the Executive Committee.