Campus carbon neutrality one country has not used up all of its allotted emissions, it can sell them to other countries that have gone over their limit. The Montreal Protocol on Substances that Deplete the Ozone Layer is an international agreement that seeks to phase out chemicals that damage the ozone layer. The Montreal protocol was signed in 1987, went into practice in 1989, and was further amended in London in 1990 and in Copenhagen in 1992. The protocol set a quicker timetable for industrialized nations to phase out chemicals than it did for developing nations. For example, developed countries were to phase-out
Montreal Protocol their HFC use by 85 per cent of their average value in 2020-22 by the year 2045. India and some other developing countries — Iran, Iraq, Pakistan, and some oil economies like Saudi Arabia and Kuwait — will cut down their HFCs by 85 per cent of their values in 2024-26 by the year 2047. On 17 November 2017, ahead of the 29th Meeting of the Parties of the Montreal Protocol, Sweden became the 20th Party to ratify the Kigali Amendment, pushing the Amendment over its ratification threshold ensuring that the Amendment will enter into force 1 January 2019. In