Decision in paragraph 37 in UNEP/OzL.Pro/ExCom/13/47

July 1994
Assessment, evaluation and review of the financial mechanism

37.  After hearing the report of the Sub-Committee on Financial Matters, the Executive Committee approved a US $450,000 reimbursable cash advance to the Ozone Secretariat to enable it to facilitate the study on the Financial Mechanism, and requested the Sixth Meeting of the Parties to the Montreal Protocol to arrange to reimburse the funds to the Multilateral Fund within the course of the 1995 financial year. The Executive Committee placed on record the fact that the cash advance should not set a precedent for similar demands in the future for cash advances from the Multilateral Fund.