The tenth meeting of the Open-Ended Working Group (OEWG) of parties to Montreal Protocol held at Bangkok in July 1994 decided to hold a review of financial mechanism of Montreal protocol to support efforts of developing countries for ODS phase out. A Steering Panel of six members, 3 from developed and 3 from developing countries were set up to supervise the review. India is one of the members. Canada, France, Mauritius, Mexico and USA are other members of the panel.

The OEWG has decided that the members of the Panel will also obtain the views of the Non-Governmental Organizations in their countries.