MORE FINANCIAL ASSISTANCE FOR GRENADA TO PHASE-OUT OZONE DEPLETING SUBSTANCES
ST. GEORGE -- Funding for Grenada's Institutional Strengthening Project (ISP) Phase IV, was approved during the recently held 67th Meeting of the Executive Committee of the Multi-lateral Fund for the implementation of the Montreal Protocol on substances that deplete the ozone layer in Bangkok, Thailand.
This project (ISP) was submitted by the National Ozone Unit, Ministry of Finance to the Executive Committee, through the United Nations Environment Programme, Regional Office for Latin America and the Caribbean (UNEP ROLAC).
The ISP Phase IV is a two-year project with a cost of US $60,000. The project will start in 2012 and is scheduled to be completed in 2014. Assistance will be provided by UNEP as the Implementing Agency for the project.
These funds will be used to provide institutional support for managing the National Ozone Unit (NOU); assist in the implementation of additional public awareness and educational activities; and provide support for the management of Grenada's Hydrochlorofluorocarbon (HCFC) Phase-out Management Plan (HPMP), which is already in its implementation phase. Through these activities, Grenada will be able to maintain its obligations as a Party to the Montreal Protocol.
The Government of Grenada thanks the Multi-lateral Fund Secretariat for its approval of these additional funds which will greatly assist Grenada in its programme to phase out ozone depleting substances.
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