Montreal Protocol Discusses Replenishment of Multilateral Fund – IISD

In light of the continued COVID-19 global pandemic, the 42nd meeting of the Open-ended Working Group of the parties to the Montreal Protocol (OEWG 42) convened three identical, online technical sessions, in different time zones, from 14-16 July 2020. During these sessions, the Technology and Economic Assessment Panel (TEAP) Replenishment Task Force on the replenishment of the Multilateral Fund (MLF) presented its report to the parties.

As the Earth Negotiations Bulletin summary of the unusual OEWG notes, it was crucial that the Working Group prepare the way for the negotiation of the decisions to be adopted by the joint session of 12th meeting of the Conference of the Parties (COP 12) to the Vienna Convention and 23rd Meeting of the Parties (MOP 23), which are tentatively scheduled for November 2020. In November, delegates will negotiate decisions related to funding that will support parties in phasing out ozone-depleting substances (ODS). The “MLF replenishment is a ‘do or die’ item for the Protocol as the current round of funding ends in December 2020.”

 

During the online sessions, the ENB summary reports that Replenishment Task Force Co-Chairs Bella Maranion, Suely Carvalho and Shiqui Zhang presented an overview of the report, stating that the MLF Replenishment needs to take into account not only the hydrochlorofluorocarbon (HCFC) phase-out but also the hydrofluorocarbon (HFC) phase-down. Estimated funding requirements put forward by the RTF ranged from USD 376,697,000 to USD 808,706,000.

 

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