Identifier
Created
Classification
Origin
08USUNNEWYORK905
2008-10-03 17:46:00
UNCLASSIFIED
USUN New York
Cable title:  

UNEP REQUEST PAYMENT OF $56.8 MILLION TO THE TRUST

Tags:  AORC AFIN UNEP 
pdf how-to read a cable
VZCZCXYZ0012
PP RUEHWEB

DE RUCNDT #0905 2771746
ZNR UUUUU ZZH
P 031746Z OCT 08
FM USMISSION USUN NEW YORK
TO SECSTATE WASHDC PRIORITY 5059
UNCLAS USUN NEW YORK 000905 

SIPDIS

E.O. 12958: N/A
TAGS: AORC AFIN UNEP
SUBJECT: UNEP REQUEST PAYMENT OF $56.8 MILLION TO THE TRUST
FUND FOR THE MULTILATERAL FUND FOR THE IMPLEMENTATION OF
THE MONTREAL PROTOCOL ON SUBSTANCES THAT DEPLETE THE OZONE
LAYER

UNCLAS USUN NEW YORK 000905

SIPDIS

E.O. 12958: N/A
TAGS: AORC AFIN UNEP
SUBJECT: UNEP REQUEST PAYMENT OF $56.8 MILLION TO THE TRUST
FUND FOR THE MULTILATERAL FUND FOR THE IMPLEMENTATION OF
THE MONTREAL PROTOCOL ON SUBSTANCES THAT DEPLETE THE OZONE
LAYER


1. USUN has faxed to EUR-IO/EX/FM-Alice Green a copy of an
official note and invoice requesting payment of under-funded
pledges for $56,877,390.01 to the Trust Fund for the
Multilateral Fund for the Implementation of the Montreal
Protocol on Substances that Deplete the Ozone Layer (MF),of
the United Nations Environment Programme (UNEP). As of
August 19, 2008 payments owed are as follows:

Pledge Year (Balance) (Amount)
-------------- --------------

Balance for 2006 10,261,345.67
Less Promissory Note dated 20 February 2008 (4,683,000.00)
Less Cash payment dated 4 March 2008 (5,000,000.00)
Less part cash payment dated 13 June 2008 (578,345.67)
--------------
-

Pledge for 2007 29,362,666.67
Less part cash payment dated 13 June 2008 (1,847,943.33)
--------------
Total 2007 27,514,723.34

Pledge for 2008 29,362,666.67
--------------
Total 2008 29,362,666.67

Total under-funded pledges: $ 56,877,390.01


2. The Invoice also provides instructions and accounting
information to be used when making payments.

Wolff