The Montreal Protocol on Substances that Deplete the Ozone Layer

The Montreal Protocol on Substances that Deplete the Ozone Layer is a global agreement to protect the Earth’s ozone layer by phasing out the chemicals that deplete it. This phase-out plan includes both the production and consumption of ozone-depleting substances. The landmark agreement was signed in 1987 and entered into force in 1989.

The parties to the Protocol meet once a year to make decisions aimed at ensuring the successful implementation of the agreement. These include adjusting or amending the Protocol, which has been done six times since its creation. The most recent amendment, the Kigali Amendment, called for the phase-down of hydrofluorocarbons (HFCs) in 2016. These HFCs were used as replacements for a batch of ozone-depleting substances eliminated by the original Montreal Protocol. Although they do not deplete the ozone layer, they are known to be powerful greenhouse gases and, thus, contributors to climate change.

The Montreal Protocol provided a set of practical, actionable tasks that were universally agreed on. The Protocol has successfully met its objectives thus far and continues to safeguard the ozone layer today. Thanks to the collaborative effort of nations around the world, the ozone layer is well on its way to recovery.

Decision XXI/32: Financial matters: Financial reports and budgets

Recalling decision XX/20 on financial matters,

Noting the financial report on the Trust Fund for the Montreal Protocol on Substances that Deplete the Ozone Layer for the biennium 2008-2009 ended 31 December 2008;

Recognizing that voluntary contributions are an essential complement for the effective implementation of the Montreal Protocol; Welcoming the continued efficient management demonstrated by the Secretariat of the finances of the Montreal Protocol Trust Fund;

  1. To approve the revised 2009 budget in the amount of $5,329,104, and the 2010 budget in the amount of $5,400,398 and to take note of the proposed budget of $4,935,639 for 2011, as set out in annex I to the report of the Twenty-First meeting of the Parties to the Montreal Protocol on Substances that Deplete the Ozone Layer;
  2. To authorize the Secretariat to draw down $1,123,465 in 2010 and note the proposed drawdown of $658,706 in 2011;
  3. To approve, as a consequence of the draw-downs referred to in paragraph 2 above, total contributions to be paid by the Parties of $4,276,933 for 2010 and note the contributions of $4,276,933 for 2011, as set out in annex II to the report of the Twenty-First Meeting of the Parties to the Montreal Protocol on Substances that Deplete the Ozone Layer;
  4. Also to approve that the contributions of individual Parties for 2010 shall be listed in annex II to the report of the Twenty-first Meeting of the Parties to the Montreal Protocol on Substances that Deplete the Ozone Layer;
  5. To authorize the Secretariat to maintain the operating cash reserve at 15 per cent of the 2010 budget to be used to meet the final expenditures under the Trust Fund;
  6. To urge all Parties to pay their outstanding contributions as well as their future contributions promptly and in full;
  7. To request the Ozone Secretariat, in cases where the Open-ended Working Group and the Multilateral Fund Executive Committee meetings are held back to back, to consult with the Multilateral Fund Secretariat, with a view to selecting the meeting location which is the most cost effective, taking into account the budgets of both secretariats.
Annex I: Revised approved 2009, approved 2010 and proposed 2011 budgets
Annex II: Trust Fund for the Montreal Protocol on the Substances that Deplete the Ozone Layer