Multilateral Fund for the Implementation of the Montreal Protocol←
The Multilateral Fund for the Implementation of the Montreal Protocol was established in 1991 to assist developing countries in fulfillment of the Montreal Protocol.
The Multilateral Fund is managed by an Executive Committee with equal membership from developed and developing countries. The Fund Secretariat is located in Montreal.
Projects and activities supported by the Fund are implemented by four international implementing agencies: UNEP, World Bank, UNDP and UNIDO.
Since 1991, the Fund has financed organization and operation of ozone offices in 145 Article 5 countries, approved projects on industrial conversion, technical assistance, training and capacity building for more than USD 3.6 bln. that already resulted in the phase-out of 465,786 ODP tonnes of controlled substances.
The Fund is replenished by donor countries represented by both developed and emerging countries. As of November 2017, the contributions exceeded USD 3.7 bln.
The total budget for 2018-2020 is USD 540 mln.: USD 500 mln. of that budget are regular contributions, USD 34 mln. will be provided from anticipated contributions and UDS 6 mln. will be provided from interest accruing to the Fund during 2018–2020.
Projects on HFC phase-out are financed by voluntary contributions which as at 14.11.17 amounted USD 14,010,089