Ozone Depleting Substance Consumption Phase-out Project : Tranche III - Small Grant Program (SGP) - Residual ODS Phase Out Management Component

To date, the first two tranches have eliminated more than 2,500 MT of annual consumption. The total annual phase-out will reach 10,813 MT ODP by early 2000. The third tranche, amounting to US$31.3 m, (1) expands the project’s scope to cover all consumption sectors encompassing thirteen consumption phase-out investment sub-projects, (2) provides supplementary support for the Special Initiative for ODS Production Closure in the Russian Federation, (3) supports residual ODS phase-out beyond 2000 through a Small Grant program, establishes a Halon Banking program (4) provides technical assistance to assure the full implementation of Russia’s country program, including comprehensive monitoring and evaluation to verify phase-out progress and Montreal Protocol compliance. The project supports the closure of one of the world’s largest ODS production capacities at a remarkably high cost effectiveness(US$0.20/kg ODP), while allowing the country to effectively and rapidly deal with its residual phase-out management requirements.