Document Summary
Date:
09/18/2008
Descriptor:
Decision B.3/10
Following a discussion the Board decided to recommend to the CMP that the contributions made by the Parties and requested to be reimbursed pursuant to paragraph 27 of Decision 1/CMP.3 be reimbursed as follows:
a) That subject to the availability of funds, as determined by the Adaptation Fund Board based on the advice of the invited Trustee, contributions shall be reimbursed to the relevant Parties within six months of the commencement of CER monetization for the Adaptation Fund; and
b) That should available funds not be sufficient at that time, the Adaptation Fund Board will determine the subsequent time line for reimbursement.
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