Multilateral Fund for the Implementation of the Montreal Protocol
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1990-06 London UK
Established Jun 1990, London (UK), as Interim Multilateral Fund, to assist countries in meeting control measures of the T-XT8703 - Montreal Protocol on Substances that Deplete the Ozone Layer, signed 16 Sep 1987, Montréal QC (Canada). Confirmed as the Multilateral Fund at 4th Meeting, 1992, Copenhagen (Denmark), and replenished 1993, 1996, 1999, 2002, 2005, 2008, 2011 and 2014. Implementing agencies: F-XF1393 - International Bank for Reconstruction and Development (IBRD); E-XE3382 - UNDP; E-XE4161 - UNEP; B-XE3386 - UNIDO; bilateral agencies from a number of contributing parties. Originally also referred to as: Multilateral Fund of the Montreal Protocol; Montreal Protocol Multilateral Fund (MPMF).
Provide funds to assist developing countries Parties to the Montreal Protocol to comply with their obligations under the Montreal Protocol by phasing-out the use of ozone depleting substances (ODS) according the Protocol schedules in a collective global effort to prevent destruction of the ozone layer.
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Meetings of the Parties to the Montreal Protocol determine policies and replenishment levels of the Multilateral Fund. Executive Committee (meets 2-3 times a year), comprising 7 representatives each from developing (Article 5) and industrialized (non-Article 5) countries manages the Fund and is assisted by the Multilateral Fund Secretariat, located in Montréal QC (Canada), whose tasks include reviewing submissions from Article 5 countries, making appropriate recommendations on project funding, monitoring implementation of projects and evaluating completed projects.
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