Executive Committee of the Multilateral Fund

E867967

The Executive Committee of the Multilateral Fund is the main decision-making body that oversees and directs the use of financial resources to help developing countries phase out ozone-depleting substances under the Montreal Protocol.

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Statements (47)

Predicate Object
instanceOf executive body
subsidiary body of the Parties to the Montreal Protocol
aimsTo ensure equitable and efficient distribution of Multilateral Fund resources
maximize environmental benefits in terms of ozone-depleting potential phased out
promote sustainable and lasting phase-out of ozone-depleting substances
appliesTo developing countries
coordinatesWith Implementing agencies of the Multilateral Fund NERFINISHED
Ozone Secretariat NERFINISHED
bilateral agencies providing support under the Multilateral Fund
hasCharacteristic meets regularly each year
operates under rules of procedure adopted by the Parties
takes decisions by consensus where possible
hasMandate allocate financial resources of the Multilateral Fund
approve projects and activities to phase out ozone-depleting substances
develop and monitor policies, guidelines and administrative arrangements for the Multilateral Fund
ensure that the Multilateral Fund operates in a cost-effective and efficient manner
monitor implementation of approved projects and activities
oversee the operation of the Multilateral Fund
report to the Meeting of the Parties to the Montreal Protocol
review and approve country programmes and sectoral plans
hasMemberType representatives of Article 5 Parties
representatives of Parties to the Montreal Protocol
representatives of non-Article 5 Parties
legalBasis decisions of the Parties to the Montreal Protocol
non-compliance procedure and financial mechanism provisions of the Montreal Protocol
monitors progress of Article 5 Parties in meeting Montreal Protocol obligations
oversees investment projects to convert to ozone-friendly technologies
multiyear phase-out plans for ozone-depleting substances
preparation and implementation of country programmes for ozone layer protection
technical assistance, training and capacity-building projects
use of financial resources to assist Article 5 Parties
partOf Multilateral Fund for the Implementation of the Montreal Protocol NERFINISHED
reportsTo Meeting of the Parties to the Montreal Protocol NERFINISHED
subjectArea environmental finance
implementation of multilateral environmental agreements
ozone layer protection
supportsImplementationOf Montreal Protocol on Substances that Deplete the Ozone Layer NERFINISHED
compliance by developing countries with control measures under the Montreal Protocol
phase-out of ozone-depleting substances
usesImplementingAgencies UNDP NERFINISHED
UNEP NERFINISHED
UNIDO NERFINISHED
World Bank NERFINISHED
worksWith United Nations Development Programme NERFINISHED
United Nations Environment Programme NERFINISHED
United Nations Industrial Development Organization NERFINISHED
World Bank NERFINISHED

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Multilateral Fund for the Implementation of the Montreal Protocol governedBy Executive Committee of the Multilateral Fund