NO. 43/2015 DATE: June 8, 2015
OVER EC$1.5 MILLION DOLLARS APPROVED FOR GRENADA TO COMPLETE THE PHASE OUT OF OZONE DEPLETING SUBSTANCES
ST. GEORGE’S, GRENADA, Monday June 08, 2015: During the recently concluded 74th Meeting of the Executive Committee of the Multilateral Fund for the Implementation of the Montreal Protocol on Substances that Deplete the Ozone Layer, held in Montreal, Canada from May 18th – 22nd, Grenada was among several developing countries identified to benefit from additional funding to aid with the complete phase out of Ozone Depleting Substances (ODS), in the amount of US$540,000 (XCD$1,467,126).
In December 2010, the Executive Committee at its 64th Meeting, approved US $210,000 (XCD$570,549) for Stage I of Grenada’s Phase-out Programme, up to the year 2020. At the end of Stage I, Grenada is expected to phase out 35% of its baseline consumption. With the additional funding approved at the 74th meeting, Grenada is expected to completely phase out the remaining 65% of Ozone Depleting Substances.
Grenada was among the first countries in Latin America and the Caribbean to launch its HPMP in July 2011. The National Ozone Officer, Mr. Leslie Smith, is confident that Grenada is well ahead of its implementation and phase-out schedules and can completely phase out the remaining ODSs before the Montreal Protocol schedule.
In addition to the approval of additional funding:
· Successful negotiations were completed to review the Institutional Strengthening Project (ISP) for Developing Countries. The ISP is used for the day to day operations of the National Ozone Unit (NOU). At the last review if the ISP in 2004, funding levels were set at a minimum of US$30,000 (XCD$81,507) per year, for a two year cycle. At the end of the negotiations, the minimum level was increased to US$42, 500 (XCD$115,468) per year.
· Grenada will benefit from US $40,000 (XCD$108,676) that was approved to conduct surveys on inventories of Hydrofluorocarbons (HFCs). Although HFCs are not ODS, they are potent Green House Gases (GHGs) and are currently being discussed to be included in the basket of gases controlled by the Montreal Protocol.
· Grenada will also benefit from the approval of US 60,000 (XCD$163,014) that was approved for project preparation for a regional project that includes four (4) other Caribbean countries.
Grenada was represented at the meeting by National Ozone Officer, Mr. Leslie Smith, who is the current Vice Chair of the Executive Committee for 2105.
315 INCREASED INVESTOR CONFIDENCE IN GRENADA LEADS TO OVER-SUBSCRIPTION OF EC.56 MILLION IN TREASURY BILLS
214 VALIDATION WORKSHOP: DIAGNOSTIC ASSESSMENT OF THE CONSUMER PROTECTION LANDSCAPE IN THE OECS REGION
204 NEW CUSTOMS OFFICERS RECEIVE TRAINING IN MONITORING AND CONTROL OF TRADE IN OZONE DEPLETING SUBSTANCES (ODS)
200 GRENADA TO BENEFIT FROM REGIONAL DEMONSTRATION PROJECT FOR THE REFRIGERATION AND AIR-CONDITIONING SECTOR
197 OECS COUNTRY MISSION TO UNDERTAKE DIAGNOSTIC ASSESSMENT ON CONSUMER AFFAIRS LANDSCAPES IN MEMBER STATES
196 ENERGY DIAGNOSIS AND POLICY EVALUATION WORKSHOP AS GRENADA MOVES FORWARD IN DEVELOPING NATIONAL ENERGY PLANNING GUIDELINES
84 Government to meet with Public Sector Unions to discuss new protocol for Statutory Bodies and State Owned Enterprises
58 November 3, 2014 - DISCUSSION OF DRAFT SCOCIAL COMPACT ON GBN TELEVISION – TUESDAY NOVEMBER 4TH, 2014
54 September 25, 2014 - LOCAL TEAM MEETING HELD FOLLOWING THE UN CONFERENCE IN SMALL ISLAND DEVELOPING STATES (SIDS), SAMOA SEPTEMBER 1-4, 2014
53 September 25, 2014 - LOCAL TEAM MEETING HELD FOLLOWING THE UN CONFERENCE ON SMALL ISLAND DEVELOPING STATES (SIDS), SAMOA SEPTEMBER 1-4, 2014
50 September 18, 2014 - THE NOU TO RECOGNISE INTERNATIONAL DAY 2015 BUDGET PREPARATION MOVING INTO HIGH GEAR
48 September 12, 2014 - THE NOU TO RECOGNISE INTERNATIONAL DAY FOR THE PRESERVATION OF THE OZONE LAYER
47 September 12, 2014 - THE NOU TO RECOGNISE INTERNATIONAL DAY FOR THE PRESERVATION OF THE OZONE LAYER
37 June 30, 2014 - JUNIOR OFFICERS OF CUSTOMS AND EXCISE DIVISION PARTICIPATE IN BASIC TRAINING COURSE
36 June 30, 2014 - JUNIOR OFFICERS OF CUSTOMS AND EXCISE DIVISION PARTICIPATE IN BASIC TRAINING COURSE
24 April 24, 2014 - NOU AND GRENCASE COLLABORATES TO PROVIDE TRAINING IN REFRIGERATION AND AIR-CONDITIONING FUNDAMENTALS
21 April 1, 2014 - GOVERNMENT AND PUBLIC SECTOR UNIONS COMMENCE TALKS ON MEMORANDUM OF UNDERSTANDING FOR HOME-GROWN PROGRAMME OF FISCAL ADJUSTMENT AND REFORMS
20 April 1, 2014 - REGISTRATION OF LICENSED NON-BANK FINANCIAL INSTITUTIONS IN COMPLIANCE WITH FATCA
19 March 27, 2014 - GOVERNMENT AND DIGICEL SIGN AGREEMENT FOR INSTALLATION OF ELECTRONIC TRACKING SYSTEM DEVICES IN ALL GOVERNMENT VEHICLES
15 March 6, 2014 - GRENADA TO HOST ENERGY FOR SUSTAINABLE DEVELOPMENT (ESD) PROJECT INCEPTION MEETING
11 February 26, 2014 - 3RD INSTALLMENT OF RETROACTIVE PAYMENTS TO PUBLIC OFFICERS AND TEACHERS DEFERRED
10 February 25, 2014 - GRENADA CUSTOMS AND EXCISE DIVISION ANNUAL AWARD AND RECOGNITION CEREMONY, 2014
8 February 12, 2014 - COMMITTEE OF SOCIAL PARTNERS MOVING STEADFASTLY TOWARDS THE FINALISATION OF A SOCIAL COMPACT