International Day for the Preservation of the Ozone Layer of the hole in the ozone layer was observed 30 years after the protocol was signed. Due to the nature of the gases responsible for ozone depletion their chemical effects are expected to continue for between 50 to 100 years. International Day for the Preservation of the Ozone Layer September 16 was designated by the United Nations General Assembly as the International Day for the Preservation of the Ozone Layer. This designation had been made on December 19, 2000, in commemoration of the date, in 1987, on which nations signed the Montreal Protocol on Substances that Deplete the Ozone Layer.
Montreal Protocol is to assist developing country parties to the Montreal Protocol whose annual per capita consumption and production of ozone depleting substances (ODS) is less than 0.3 kg to comply with the control measures of the Protocol. Currently, 147 of the 196 Parties to the Montreal Protocol meet these criteria (they are referred to as Article 5 countries). 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. The Fund is managed by an Executive Committee with an equal representation