The Montreal Protocol on Ozone Depleting Substances is a 1987 international agreement. It was designed to stop the production and importation of ozone-depleting substances and reduce their concentration in the atmosphere to protect the planet`s ozone layer. The Montreal Protocol is part of the Vienna Convention on the Protection of the Ozone Layer (Vienna Convention). The Vienna Convention was adopted in 1985 following an international debate on scientific discoveries in the 1970s and 1980s, highlighting the harmful effects of human activity on ozone levels in the stratosphere and the discovery of the hole in the ozone layer. The aim is to promote cooperation on the harmful effects of human activities on the ozone layer. The Montreal Protocol was further strengthened by six amendments that advanced progressive schedules and added new substances to the list of substances regulated by the Montreal Protocol. The changes are the same: the damage to the planet`s protective ozone layer has raised unprecedented concerns and actions around the world. Since the 1987 international agreement on the phasing out of ozone-depleting substances, 197 countries have ratified the Montreal Protocol. In January 2012, South Sudan ratified the Montreal Protocol, making it the first international environmental treaty to be fully ratified – a truly remarkable effort that reflects the overall acceptance and success of the agreement. The Multilateral Fund was established in 1991 to help developing countries meet their obligations under the Montreal Protocol. To date, the Fund has authorized activities such as industrial conversion, technical assistance, training and capacity building, worth more than $3 billion.

The Fund`s main objective is to assist contracting parties in developing countries whose annual consumption of SDOs falls below a fixed threshold, in order to comply with the control measures provided by the protocol. This page summarizes the history of international cooperation in the protection of the ozone layer, including: the Vienna Convention; The Montreal Protocol; Changes to the Montreal Protocol in the past; United Nations Secretariat (UNEP) funded by the environment. The Fund is managed by an executive committee similarly representing seven industrialized countries and seven Article 5 countries, elected each year by a meeting of the parties. Each year, the committee reports on its activities at the parties` meeting. The Multilateral Fund`s work on the ground in developing countries is carried out by four implementation agencies that have entered into contractual agreements with the Executive Committee:[40] The exit from the HFC puts Australia in a strong position to meet its international obligations under the Montreal Protocol. At talks in Kigali, Rwanda, in October 2016, representatives of Australia and most of the other 196 countries parties to the protocol reached an agreement in which 85% of the world`s CFCs will expire. The main objective of the Multilateral Fund for the Implementation of the Montreal Protocol is to support developing countries that are signatories to the Montreal Protocol whose annual per capita consumption and production of ozone-depleting substances (ODS) is less than 0.3 kg, in order to comply with the protocol`s control measures.