EIA Briefing to the 95th Meeting of the Executive Committee of the Multilateral Fund (ExCom95)

For more than three decades, the Multilateral Fund (MLF) has played a crucial role in protecting the ozone layer and mitigating climate change. Now – against the backdrop of an historic US $985 million replenishment – members of the Executive Committee (ExCom) have an opportunity to super–charge the fund’s climate benefit, by incentivising the acceleration of the HFC phase–down, promoting energy efficiency, addressing ODS and HFC banks and exploring innovative ways to support the just and sustainable transition to climate and environmentally friendly cooling solutions.

Seeing this climate benefit played out though, requires more than just available funding. It requires all countries to seek genuinely ambitious solutions that respond to the scale of the climate emergency, and to prioritise in good faith the technologies and pathways that will have the greatest climate and environmental impact.

When considering the projects submitted to this meeting, EIA calls on all ExCom members to embrace the qualities that have made the Montreal Protocol the most successful environmental treaty, to place environmental impact front and centre in their minds, and to work collaboratively in pursuit of our shared climate and ozone goals.