× Information on this section of ECOLEX comes from the InforMEA Portal which compiled information from MEA Secretariats with the support of the European Union. The accuracy of the information displayed is the responsibility of the originating data source. In case of discrepancy the information as displayed on the respective MEA website prevails. Decision XX/11: Extension of the fixed‑exchange‑rate mechanism to the 2009–2011 replenishment of the Multilateral Fund Type du document Décision Numéro de référence XX/11 Date Nov 16, 2008 SourceUNEP, InforMEA Statut active Sujet Air et atmosphère, Déchets et substances dangereuses Traité Protocole de Montréal relatif à des substances qui appauvrissent la couche d’ozone (Sep 16, 1987) Réunion Site web ozone.unep.org Résumé To direct the Treasurer to extend the fixed‑exchange-rate mechanism to the period 2009–2011; That Parties choosing to pay their contributions to the Multilateral Fund for the Implementation of the Montreal Protocol in national currencies will calculate their contributions based on the average United Nations exchange rate for the six‑month period commencing 1 January 2008; That, subject to paragraph 4 below, Parties not choosing to pay in national currencies pursuant to the fixed-exchange-rate mechanism will continue to pay in United States dollars; That no Party should change the currency selected for its contribution in the course of the triennium 2009–2011; That only Parties with inflation rate fluctuations of less than 10 per cent, as per published figures of the International Monetary Fund, for the preceding triennium will be eligible to use the fixed‑exchange‑rate mechanism; To urge Parties to pay their contributions to the Multilateral Fund in full and as early as possible in accordance with paragraph 7 of decision XI/6; To agree that if the fixed-exchange-rate mechanism is to be used for the replenishment period 2012–2014 Parties choosing to pay their contributions in national currencies will calculate their contributions based on the average United Nations exchange rate for the six‑month period commencing 1 January 2011;