Amid preparations for the United Nations Framework Convention on Climate Change (UNFCCC) climate talks in Bonn this week, the Montreal Protocol quietly announced a decision to fund China’s phase-out of hydrochlorofluorocarbons (HCFCs), a move which will keep eight billion tonnes of greenhouse gases out of the atmosphere. To put that into perspective, eight billion [...]
LONDON: Once again living up to its status as ‘world’s most effective environmental treaty’, the Montreal Protocol has struck a deal with China to phase-out hydrochlorofluorocarbon (HCFC) production and so prevent eight billion tonnes of carbon dioxide equivalent emissions. With funding of up to US$385m from the Montreal Protocol’s Multilateral Fund, China will eliminate its [...]
Montreal, Canada: Faced with a funding shortfall for eliminating ozone-depleting substances (ODS), the Montreal Protocol is preparing to spend hundreds of millions of dollars to phase in hydrofluorocarbons (HFCs) – even though these substances could sabotage international efforts to halt global warming. Despite its reputation as the most successful environmental accord in history, the Montreal [...]