Global Environment Facility co financing supporting over 14,500 community based projects in over 125 countries. An independently operating financial organization, the GEF provides grants for projects related to biodiversity, climate change, international waters, land degradation, the ozone layer, persistent organic pollutants (POPs), mercury, sustainable forest management, food security, sustainable cities. The GEF also serves as financial mechanism for the following conventions: The GEF, although not linked formally to the Montreal Protocol on Substances that Deplete the Ozone Layer (MP), supports implementation of the Protocol in countries with economies in transition. The Instrument for the Establishment of the Restructured GEF is the document that
Montreal Protocol Layer, especially Executive Committee (ExCom) 53/37 and ExCom 54/39, Parties to this Protocol agreed to set year 2013 as the time to freeze the consumption and production of HCFCs for developing countries. For developed counties, reduction of HCFC consumption and production began in 2004 and 2010, respectively, with 100% reduction set for 2020. Developing countries agreed to start reducing its consumption and production of HCFCs by 2015, with 100% reduction set for 2030.<br><br> Hydrochlorofluorocarbons, commonly known as HCFCs, are a group of man-made compounds containing hydrogen, chlorine, fluorine and carbon. They are not found anywhere in nature. HCFC production began