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OP 10.21, Annex A - The Montreal Protocol


These policies were prepared for use by World Bank staff and are not necessarily a complete treatment of the subject.
OP 10.21 - Annex A
November, 1993
 
1.  The Parties to the Montreal Protocol on Substances that Deplete the Ozone Layer (the Parties) are developed and developing countries that have ratified the Montreal Protocol (MP) and the Vienna Convention to phase out substances that deplete the ozone layer.  They have established an Executive Committee to develop and monitor the implementation of administrative arrangements for the Multilateral Fund (MFMP) for the implementation of the Montreal Protocol.

2.  Implementing agencies for the MFMP are the United Nations Development Programme (UNDP), the United Nations Environment Programme (UNEP), the United Nations Industrial Development Organization (UNIDO), and the Bank.
1  The general responsibilities of the implementing agencies are as follows: (a) UNDP assists eligible developing countries with preinvestment studies and other technical assistance measures; (b) UNEP administers the MFMP; functions as treasurer; assists in promoting the objectives of the Protocol; carries out research, data-gathering, and clearinghouse functions such as distribution of relevant scientific and technical information to the Parties; and conducts regional workshops; (c) UNIDO develops and executes technical assistance and small-scale investment projects; and (d) the Bank is responsible for investment operations financed under the MFMP and administers and manages the program to finance the eligible incremental costs2of phasing out controlled ozone-depleting substances.  All four agencies have agreed to cooperate closely in every aspect of MP implementation, including preparing studies and country programs, with leadership agreed among the agencies and beneficiary Parties.
 
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  1. "Bank" includes IBRD and IDA.
  2. Incremental costs are defined in OP 10.21, Annex B, Eligible Activities.
  
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OP 10.21 - Investment Operations Financed by the Multilateral Fund for the Implementation of the Montreal Protocol



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