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Decision VII/4: Provision of financial support and technology transfer

Document type
Decision
Reference number
VII/4
Date
Dec 7, 1995
Source
UNEP, InforMEA
Status
Active
Subject
Waste & hazardous substances, Air & atmosphere
Treaty
Montreal Protocol on Substances that Deplete the Ozone Layer (Sep 16, 1987)
Meeting
Seventh Meeting of the Parties
Website
ozone.unep.org
Abstract

The Seventh Meeting of the Parties decided in Dec. VII/4:

  1. To emphasize the importance of the effective implementation of financial cooperation, including provision of adequate funding under Article 10 and technology transfer under Article 10 A of the Montreal Protocol, in assisting Parties operating under paragraph 1 of Article 5 in complying with the existing control measures under the Protocol;
  2. To stress that the adoption of any new control measures by the Seventh Meeting of the Parties for Parties operating under paragraph 1 of Article 5 will require additional funding which will need to be reflected in the replenishment of the Multilateral Fund in 1996 and beyond and in the implementation of technology transfer;
  3. To underline that the implementation of control measures by Parties operating under paragraph 1 of Article 5 will, as provided in Article 5, paragraph 5, depend upon the effective implementation of the financial cooperation as provided by Article 10 and the transfer of technology as provided by Article 10A;
  4. To urge Parties when taking decisions on the replenishment of the Multilateral Fund in 1996 and beyond, to allocate the necessary funds in order to ensure that countries operating under paragraph 1 of Article 5 can comply with their agreed control measure commitments.