Decision 95/87

The Executive Committee decided:

1. To note the information provided in document UNEP/OzL.Pro/ExCom/95/87 further elaborating the operational framework on energy efficiency while phasing down HFCs in relation to the elements listed under decision 94/60(h);

For Part A on manufacturing of components and heat pumps
 

2. To request the Secretariat to use the operational framework on energy efficiency while phasing down HFCs and to apply, as part of decision 94/60, for an initial period of three years, the modality and conditions in document UNEP/OzL.Pro/ExCom/95/87:
   1. In paragraphs 7 to 10 and paragraphs 11 to 17, respectively, for compressor manufacturing projects;
   2. In paragraphs 19 and 20 and paragraphs 22 to 25, respectively, for heat-exchanger manufacturing projects;
   3. In paragraphs 27 to 32 and paragraphs 33 to 36, respectively, for heat-pump manufacturing projects;
3. To note that the operational framework on energy efficiency while phasing down HFCs established under decision 94/60 would be reviewed after an initial implementation period of three years, based on the experience gained;

For Part B on non-manufacturing activities

4. To extend the duration of the window for the proposal of projects under decision 91/65 only for the servicing activities to the 100th meeting of the Executive Committee, inclusive;
5. To request the Secretariat to prepare, for consideration by the Executive Committee at its 97th meeting, an updated paper that would:
   1. Elaborate the specific functions for both centres of excellence for sustainable cooling and testing centres for energy efficiency;
   2. Assess sustainable business models for regional centres;
   3. Assess potential duplication with activities funded under HCFC phase-out management plans and/or Kigali HFC implementation plans, as well as with existing centres;
   4. Identify potential opportunities to use existing centres and mechanisms already in place for testing the energy efficiency of equipment; 

For Part C on energy efficiency revolving fund for end users 

6. To establish a funding window of US $40 million for two energy-efficiency end-user projects using a revolving fund mechanism developed and supported by implementing agencies, over a duration of eight years, after which funds would be returned to the Multilateral Fund, on the understanding that it would not be operationalized until the Executive Committee had agreed on the modalities for operationalizing the revolving fund;
7. To provide funding, for the preparation of no more than five projects, of no more than US $100,000 per project, on the understanding that those proposals would be submitted to the 96th meeting and that only up to two projects would be selected for the funding window referred to in subparagraph (f) above;
8. To request the Secretariat to prepare an update of part C of document UNEP/OzL.Pro/ExCom/95/87, on the operationalization of the revolving fund, for the consideration of the Executive Committee at its 96th meeting, taking into consideration the discussions at the 95th meeting;
9. To request the Secretariat to work with the implementing agencies that had experience with revolving funds on energy efficiency to share examples and lessons learned as well as to illustrate the expected benefits of Multilateral Fund funding for existing and new funds and to prepare a summary paper for the 96th meeting; and

Preparatory funding for manufacturing projects

10. To provide funding for the preparation for the kinds of projects referred to in subparagraph (b) above and for those under decision 94/60 as outlined in paragraphs 72 to 74 of document UNEP/OzL.Pro/ExCom/95/87.