Draft Decision XXIII/ : Administrative and Financial Matters: Financial Reports and Budgets

Conference of the Parties to the
Vienna Convention for the
Protection of the Ozone Layer

Ninth meeting

Bali, Indonesia, 21–25 November 2011

Item 3 (a) of the agenda for the preparatory segment

Combined Vienna Convention and Montreal Protocol issues:
financial reports and budgets of the trust funds for the Vienna Convention and the Montreal Protocol

Draft decision XXIII/[]: Administrative and financial matters: financial reports and budgets of the Montreal Protocol

Submission by the budget committee

Recalling decision XXII/21 on financial matters,

Taking note of the financial report on the Trust Fund for the Montreal Protocol on Substances that Deplete the Ozone Layer for the biennium 2010-2011, ended 31 December 2010,

Recognizing that voluntary contributions are an essential complement for the effective implementation of the Montreal Protocol,

Welcoming the continued efficient management by the Secretariat of the finances of the Montreal Protocol Trust Fund,

1. To approve the 2012 budget in the amount of $4,949,012 United States dollars and to take note of the proposed budget of $4,896,659 for 2013, as set out in annex I to the report of the Twenty-Third Meeting of the Parties to the Montreal Protocol on Substances that Deplete the Ozone Layer;
2. To authorize the Secretariat to draw down $672,079 in 2012 and to note the proposed drawdown of $619,726 in 2013;
3. To approve, as a consequence of the drawdowns referred to in paragraph 2 above, total contributions to be paid by the parties of $4,276,933 for 2012 and to note the contributions of $4,276,933 for 2013, as set out in annex II to the report of the Twenty-Third Meeting of the Parties;
4. That the contributions of individual parties for 2012 shall be listed in annex II to the report of the Twenty-Third Meeting of the Parties;
5. To authorize the Secretariat to maintain the operating cash reserve at 15 per cent of the 2012 budget to be used to meet the final expenditures under the Trust Fund;
6. To encourage parties, non-parties and other stakeholders to contribute financially and with other means to assist members of the three assessment panels and their subsidiary bodies with their continued participation in the assessment activities under the Protocol;
7. To urge all parties to pay both their outstanding contributions and their future contributions promptly and in full.

K1174168241111

UNEP/OzL.Pro.23/CRP.15

Annex I

Trust fund for the Montreal Protocol on substances that deplete the ozone layer

Approved 2012 and proposed 2013 budgets

1 By decision XXII/21, the parties requested the President of the Bureau of the Twenty-First Meeting of the Parties to convey to the Secretary-General of the UnitedNations the Parties' request to find a way to extend the tenure of the current Executive Secretary of the Ozone Secretariat through 2015. At the thirtyfirst meeting of the Open-ended Working Group, the President conveyed to the parties that he had received confirmation from the Chef-de-Cabinet of the SecretaryGeneral that the Executive Secretary's contract was being extended by two-years, until October 2013. There are no additional budget implications of this extension.

2 In accordance with decision XXII/2, and under the decision created by that decision, the Secretariat entered into a contract with ICF International for the preparation of an evaluation of the financial mechanism.

3 Budget line covers participation of all TEAP experts to enable the timely completion of the work requested by the Parties.

4As paperless meetings have been successful since 2008, there has been both a decrease and shift in the resources needed for certain budget lines. The Secretariat introduced line 4205 as a new budget line to ensure transparency in reporting of related expenditures in this area.

5 The Secretariat is maintaining the operating cash reserve at 15 per cent of the annual budget in accordance with paragraph 5 of decision XXII/21. As the 15per cent level has been reached, there is no need to allocate funds in this area from 2011 and beyond until such time as the parties decide to increase the level to meet the final expenditures under the Trust Fund.

6Prior years' drawdown levels were set with a view to maintaining the level of contributions constant through 2011. A drawdown for 2012 and 2013 is designed to keep contributions stable.

Annex II

Trust Fund for the Montreal Protocol on the Substances that Deplete the Ozone Layer

Scale of Contributions by the Parties for 2012 and 2013 based on the United Nations scale of assessments
(General Assembly Resolution A/64/482/Add.1 of 28 December 2009 with a maximum assessment rate of 22 per cent)
(in United States dollars)

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