Question

A multilateral fund for implementation of Montreal Protocol was set up to provide financial and technical assistance to developing countries, parties to Montreal protocol, whose annual per capita consumption and production of ozone depleting substances amounted to less than  
1. 0.3 kg
2. 0.5 kg
3. 1.0 kg
4. 1.5 kg

Answer 1

Correct Answer - Option 1 : 0.3 kg

Multilateral Fund:

• The Multilateral Fund for the Implementation of the Montreal Protocol was established in 1991 under Article 10 of the treaty.
• The Fund's objective is to provide financial and technical assistance to developing country parties to the Montreal Protocol whose annual per capita consumption and production of ODS is less than 0.3 kg to comply with the control measures of the Protocol.
• The Multilateral Fund help developing countries comply with their obligations under the Protocol to phase out the use of ozone-depleting substances (ODS) at an agreed schedule.
• ODS is used in refrigeration, foam extrusion, industrial cleaning, fire extinguishing and fumigation. 
• The phase-out of ODS will enable the ozone layer to repair itself.
• The Fund was the first financial mechanism to be born from an international treaty.
• It embodies the principle agreed at the United Nations Conference on Environment and Development in 1992 that countries have a common but differentiated responsibility to protect and manage the global commons
• Financial and technical assistance is provided in the form of grants or concessional loans and is delivered primarily through four implementing agencies:
  • United Nation Environment Programme (UNEP)
  • United Nations Development Programme (UNDP)
  • United Nations Industrial Development Organization (UNIDO)
  • World Bank

Therefore, we can conclude, a multilateral fund for implementation of Montreal Protocol was set up to provide financial and technical assistance to developing countries, parties to Montreal protocol, whose annual per capita consumption and production of ozone-depleting substances amounted to less than 0.3 kg.