some background to letter from exec. secretary of montreal protocol christiana figueres march 2007
TRANSCRIPT
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Some background to letter from Exec. Secretary of
Montreal Protocol
Christiana Figueres
March 2007
![Page 2: Some background to letter from Exec. Secretary of Montreal Protocol Christiana Figueres March 2007](https://reader036.vdocuments.site/reader036/viewer/2022082820/56649ea05503460f94ba2e9e/html5/thumbnails/2.jpg)
Basic Facts
• Most ozone depleting substances have been phased out or are in the process
• HCFCs main remaining ODS– Intermediate substance– later timetable for developing countries
• HCFC22 widely used refrigerant in developing countries (not in A1)– HFC23 is by product of HCFC22 production– GWP of HFC23 = 11,700
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• Developing countries– HCFCs freeze Jan 2016 at 2015 baseline– Elimination 2040– Schedule set in 1990 (before CDM and accelerated
growth of developing countries)
• Concerns– 2015 baseline is incentive to continue to increase
consumption (consumption=production + imports - exports)
– CDM promotes HCFC22 consumption• Unexpected damage to ozone layer
– Phaseout costs may exceed Multilateral Fund possibilities
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CDM Effect(levels are indicative)
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• Seven proposals for MOP19 in Sept ‘07
• Options– Lower baseline (e.g. 2010 instead of 2015)– Accelerate the phase out (e.g. 2030 instead of
2040)– Channel effect of CDM
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Option 1: Lower the baseline to 2010
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Option 2: Accelerate the phase out to 2030
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Option 3:Channel the effect of CDM
• New plants allowed, third party gets CERs, revenue used for environmental activities.
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• Tech and Ec Assess Panel (TEAP) is requested to analyze scenarios
• Request to EB– Info on volumes of HFC23 expected on the
market– Info on CER price expectations– Collaboration with Ozone Secretariat