Decision in paragraphs 169 to 178 in UNEP/OzL.Pro/ExCom/12/37

March 1994
Assessment, evaluation and review of the financial mechanism

Draft terms of reference for the review under paragraph 8 of Article 5 of the Montreal Protocol

169.       At the Fifth Meeting of the Parties, the Executive Committee had been requested to prepare a report with respect to the review referred to in paragraph 8 of Article 5, taking into account Section II, paragraph 4, of decision IV/18.  To meet that request, the Committee decided to adopt the proposals submitted to it by the sub-committee it had appointed to consider the terms of reference for the review. Accordingly, the terms of reference appearing in Annex V were adopted.

170.        It was further decided that the report should be prepared by a well-qualified consulting firm with experience in Article 5 countries.  The Secretariat was requested to invite consulting firms to tender bids based on the terms of reference in Annex V to this report as soon as possible so that they could be received before 1 May 1994.

171.        The sub-committee comprising Australia (Chairman), Brazil, Denmark, India, United States of America and Venezuela, established in paragraph 12 of this report, should examine, with the assistance of the Fund Secretariat, the bids offered, select the consulting firm, approve its work programme, provide guidance and review the draft report and any subsequent modifications to it.  It was decided that the sub‑committee should continue to function in the capacity indicated.

172.         According to decision V/11, the Committee's report must be submitted to the Open‑ended Working Group through the Ozone Secretariat by 31 December 1994.  To accommodate that directive from the Parties, a preliminary draft report would be submitted to sub-committee members and the Fund Secretariat two weeks in advance of a September meeting of the Executive Committee.  The sub-committee would meet the day before the September meeting.

173.        Also to accommodate decision V/11, the draft report by the consulting firm selected should be submitted to the Fund Secretariat no later than 1 November 1994 to allow time to circulate it to Executive Committee members before an anticipated December meeting of the Executive Committee. That meeting would enable the Committee to approve the report in time for submission to the Open-ended Working Group at the end of the year.

174.        Representatives of the consulting firm should establish contacts with the Chairmen of the Scientific Assessment Panel and the Technology and Economic Assessment Panel to address the technology feasibility issue which appeared as point (c) of the terms of reference in Annex V to this report and visit a representative sample of Article V countries, taking into account a regional distribution and per capita consumption to be identified by the sub-committee.  The consulting firm would also have ongoing discussions with bilateral donors, members of the Executive Committee, the Ozone Secretariat, the Fund Secretariat and the implementing agencies.

175.        Following the Committee's approval of the report in December 1994, the Fund Secretariat would invite Parties to comment on the report and would compile the comments received and submit them to the Open-ended Working Group and/or to the Meeting of the Parties, if so requested.

176.        In accordance with decision V/11, the selected consulting firm would remain operational in 1995.  Following the completion of the Committee's report and its submission to the Open‑ended Working Group, the consulting firm would prepare an addendum to the report for submission no later than three months before the Seventh Meeting of the Parties to be held in 1995, which would address all comments received in addition to updating the December 1994 report of the Committee.

177.        Following the selection of a consulting firm by the sub-committee, the Chairman and Vice‑Chairman of the Committee would inform  the Treasurer of the additional allocation to cover the costs of the review.  The funds would be transferred to the account of the Fund Secretariat and recorded in the report of the Thirteenth Meeting of the Executive Committee.

178.       The Executive Committee further authorized additional travel and per diem funds for sub‑committee members to meet as needed. Those funds would also be transferred to the account of the Fund Secretariat and recorded in the report of the Thirteenth Meeting of the Executive Committee.

Related annexes
Annex V to document 12/37, TOR for the review under paragraph 8 of Article 5 of the MP