Guidelines for allocating funds supporting the phase-out of hydrochlorofluorocarbons (HCFCs) have been agreed, boosting prospects for further greenhouse gas savings under the Montreal Protocol.
The new rules were agreed at a meeting of the Protocol’s financial mechanism, the Multilateral Fund. They mean that HCFC replacements with a low global warming potential (GWP) will receive up to 25% more cash than high-GWP alternatives.
The Montreal Protocol on ozone-depleting substances has been credited with delivering greater climate benefits than the Kyoto Protocol because of action on ozone-depleting chlorofluorocarbons (CFCs) and replacement HCFCs. Both are powerful greenhouse gases.
Please sign in or register to continue.
Sign in to continue reading
Having trouble signing in?
Contact Customer Support at
report@ends.co.uk
or call 020 8267 8120
Subscribe for full access
or Register for limited access
Already subscribe but don't have a password?
Activate your web account here
