Study on Financing the Destruction of Unwanted Ozone-Depleting Substances through the Voluntary Carbon Market

ICF International

World Bank, Washington, DC

关键词: AIR;    ALLOWANCE;    ALLOWANCE MARKETS;    ALLOWANCES;    ARGON;   

RP-ID  :  63182

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

This report was prepared by InvestmentClimate Facility (ICF) international with direction fromWorld Bank's Montreal protocol unit and the projectteam. While Montreal protocol has achieved remarkablesuccess in reducing production and consumption of ozonedepleting substances (ODS) worldwide, a significant amountof ODS still remains in equipments, products, andstockpiles. This report finds that significant opportunityexists for destroying ODS through the voluntary carbonmarket. The high global warming potential (GWP) of ODS meansthat their destruction has the ability to generatesignificant volumes of carbon credits, which could then besold in the voluntary carbon market. Using the voluntarymarket is likely a win-win opportunity; incentives arecreated for the recovery and destruction of ODS through thecarbon credits that can be earned, and the buyers pay forreal and verifiable emission reductions from the destructionof ODS that would have otherwise been emitted.