MOPAN released its most recent assessment of MLF in 2020.
The Multilateral Fund was established in 1990 to help developing countries comply with their obligations under the Montreal Protocol on Substances that Deplete the Ozone Layer. The Montreal Protocol has been universally ratified and, subject to full implementation of its provisions, projections suggest that that the ozone layer should return to pre-1980 levels by the middle of the 21st century. The actual and potential contribution of the Montreal Protocol and the Multilateral Fund to addressing climate change is increasingly recognised.
Most ozone depleting substances (ODS) – and some replacements such as hydrofluorocarbons (HFCs) now covered by the Kigali Amendment to the Montreal Protocol – are powerful greenhouse gases. The long-term targets for hydrochlorofluorocarbons (HCFC) up to 2040 and for HFCs up to 2047, and the potentially significant contribution of the Kigali Amendment to mitigating climate change should ensure continued international support for the Multilateral Fund. At the same time, evidence emerging just before the assessment concerning large-scale unexplained trichlorofluoromethane (CFC-11) emissions and illegal trade in ODS made for a challenging context. Addressing important and more complex issues such as energy efficiency, alternative lower global warming potential refrigerants and refrigerant management were some of the priority challenges on the organisation’s radar for the immediate future.