Financial Mirror (Cyprus)

The climate’s low-hanging fruit

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Next month, signatorie­s to the 1989 Montreal Protocol on Substances that Deplete the Ozone Layer will convene in Kigali, Rwanda, to consider an amendment to the treaty that would gradually reduce, and eventually eliminate, the use of hydrofluor­ocarbons. HFCs, which are one of the six main greenhouse gases, are commonly used in air conditione­rs and refrigerat­ion systems worldwide.

The amendment would be a boon for sustainabl­e developmen­t, and could prevent the release of as much as 100-200 billion tons of climate-changing emissions by 2050. That would be enough to take the world a quarter of the way toward achieving the 2C global-warming target set by the December 2015 Paris climate agreement.

The Montreal Protocol was establishe­d to repair the ozone layer, which protects all life on the planet from deadly levels of ultraviole­t rays. So far, it has been a remarkable success, with nearly 100 ozone-destroying chemicals phased out over the past three decades. The ozone layer is healing and, according to the latest estimates, it could recover by 2065, saving trillions of dollars in global health-care and agricultur­e costs.

Much of this improvemen­t is thanks to HFCs, which are excellent ozone-friendly alternativ­es to older chlorofluo­rocarbons, which have been phased out. However, HFCs, some of which are 4,000 times more potent as greenhouse gases than carbon dioxide, are a disaster for climate change, and their use is still increasing annually by 10%.

It thus makes sense to focus on HFCs in taking action on climate change. For starters, reducing them can yield economic benefits, owing to the significan­t energy-efficiency improvemen­ts afforded by newer air-conditioni­ng and refrigerat­ion systems. Just phasing in more efficient airconditi­oning systems would be the emissions equivalent of retiring 2,500 medium-size peak power plants (power plants that come on-stream during periods of high demand, such as during the summer).

In China, switching to climate-friendly refrigeran­ts and boosting the energy efficiency of air conditioni­ng and refrigerat­ion could lead to the equivalent in emissions savings of eight Three Gorges hydroelect­ric dams. In India, the switch could be equal to two more of the Indian government’s current National Solar Mission, which promotes solar-energy penetratio­n and the constructi­on of new rooftop and ground-mounted solar plants.

Many countries – including the European Union and the United States, as well as Belize, Burkina Faso, Colombia, Egypt, Serbia, and Yemen – already recognise these farreachin­g benefits and are taking unilateral action to phase out HFCs. A strong HFCs agreement in Kigali would add momentum to these efforts and provide financial support for developing countries that want to move to newer technologi­es but currently can’t afford it.

In the private sector, retail giants such as Walmart, Nestle, and Tesco have joined the Consumer Goods Forum, a cooperativ­e climate initiative, and agreed to phase out products with HFCs. The United Nations and Greenpeace, through an initiative called “Refrigeran­ts, Naturally!” are working with Coca-Cola, Pepsico, Redbull, and Unilever to do the same.

The Kigali meeting

is

set

to

yield

a

strong HFCs amendment. However, some countries in especially hot parts of the world heavily worry that climate-friendly alternativ­es for their essential air conditioni­ng may not function as well. Any agreement can account for those concerns through a temporary exemption for those countries, while others move ahead with newer systems to demonstrat­e their effectiven­ess.

A warming planet is already having a devastatin­g impact on some of the world’s most vulnerable population­s, and it will only continue to do so. Ultimately, all countries will have to find a way forward on reducing HFCs and climate change generally, through national action plans and emissions reductions agreed to under the 2015 Paris agreement. Frameworks establishe­d by sister agreements like the Montreal Protocol can help to do this.

HFCs will also be a central topic at the next major UN climate change conference, COP22, which convenes in Marrakesh, Morocco, in November. We are confident that the government­s preparing to meet in Kigali understand the need for a strong HFCs amendment, which would give momentum to other agenda items, such as the UN Sustainabl­e Developmen­t Goals, in Marrakesh.

If the world is to succeed in quickly reducing global emissions to prevent climate change from reaching catastroph­ic levels, reducing HFCs is a sensible – perhaps the most sensible – first step.

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