Article 5 countries that have partnered with the World Bank over the last decade to phase out CFCs, halons, and CTC have made great strides in fulfilling Montreal Protocol obligations. Although such countries have carried out important groundwork, HCFCs will be a greater challenge due to their volume as compared to their ODP, limited proven alternative technologies, the unavoidable upgrade of technology in conversion, and a long phaseout period. The Bank believes that a programmatic approach can turn these challenges to opportunities by allowing countries to take advantage of the environmental and economic co-benefits of HCFC phaseout -- in line with Decision XIX/6. Through the concurrent pursuit of energy-efficient and low-GWP alternative technologies with HCFC phaseout, countries will reduce costs to their industry in the long-term while facilitating co-financing and policy-making.
|