Multilateral Fund for the Implementation of the Montreal Protocol

 

The Montreal Protocol is an international treaty that provides for measures to protect the ozone layer. This treaty has been in force since 1989. This Protocol was developed within the framework of the Vienna Convention for the Protection of the Ozone Layer. The Montreal Protocol is sometimes also referred to as the most successful international treaty, because of its good compliance and the good results already achieved.

The Multilateral Fund for the Implementation of the Montreal Protocol should support developing countries in their obligations under the Protocol (through technical and financial co-operation). It was set up immediately after the Protocol's entry into force. The Fund is replenished every three years. A total of USD 4 billion has already been made available for this purpose. The available funds for the period 2018-2020 amount to USD 540 million, of which USD 6.7 million will be contributed by Belgium.

More information:
http://www.multilateralfund.org/default.aspx