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 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