43rd Meeting - Geneva, 5-9 July 2004

Document UNEP/OzL.Pro/ExCom/43/10:  summarises the progress and financial information of the implementation of projects and activities supported by the Fund up to 31 December 2003. The document contains three annexes:  Annex I contains project implementation data by country; Annex II contains an analysis of progress report data; and Annex III, which is a new addition to the document,  contains a review of ongoing projects by country.

• Non submission of bilateral progress reports; and
• Slow delivery of projects.

The Executive Committee may wish to:

1. Note the Consolidated Progress Report of the Multilateral Fund as contained in UNEP/OzL.Pro/ExCom/43/10.

2. Encourage those bilateral agencies that have not reported the financial data to the Secretariat or financial closure with regard to bilateral activities, to do so as a matter of urgency.

3. Note the slow rate of project completion during 2003 for all agencies and the lower level of phase-out than planned and encourage implementing agencies and Article 5 countries to expedite project implementation.