Polluting the Protocol
How carbon trading undermines the Montreal Protocol on Substances that Deplete the Ozone Layer
The Montreal Protocol on Substances that Deplete the Ozone Layer has a uniquely successful legacy. With its focus only on controlling production and consumption, however, one question that the Protocol has never addressed is how to manage and ultimately dispose of controlled substances at end-of-life.
In this briefing, EIA provides an overview of carbon trading and offsets as they relate to ODS and HFC management and destruction. In discussing these issues, we aim to establish a clear picture of the threat carbon trading poses to the Montreal Protocol’s legacy. We also provide more cost-effective, efficient and environmentally sound alternatives for addressing ODS and HFCs, including a global management framework, supported by a sustainable finance mechanism.
