Multilateral Fund Releases Summary of Executive Committee’s Decisions at 62nd Meeting

18 January 2011: The Secretariat of the Multilateral Fund for the Implementation of the Montreal Protocol has released a summary of the most significant decisions and discussions taken at its 62nd meeting. The Executive Committee approved 86 investment projects and work programme activities in 50 countries at a total value of US$38,313,126, plus support costs of US$8,601,535.

Projects approved included: the first tranches of stage one of the Hydrochloroflourocarbon Phase-out Management Plans (HPMPs) for 16 countries (Armenia, Belize, Burkina Faso, Chad, Dominica, Gabon, Grenada, Madagascar, Malawi, Serbia, Sri Lanka, Togo, Turkmenistan, Colombia, Nigeria and Pakistan); 16 HCFC stand-alone projects in nine countries (Algeria, Bangladesh, Egypt, Morocco, Philippines, Saudi Arabia, Sudan, Turkey and the Syrian Arab Republic); and support to 27 countries for the extension of their institutional strengthening projects. The Committee also approved the implementation of a pilot project for ozone depleting substance (ODS) waste management and disposal in Cuba to destroy a total of 45.3 metric tons of ODS waste. [Summary of Decisions]