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Established: June 1990
Objectives: Assist developing
country parties in complying with
control measures of the Montreal
Protocol
Key
Activities: (a) Meet, on a grant or
concessional basis agreed incremental
costs; (b) Finance country studies,
technical cooperation; Workshops,
training; Facilitate, monitor
multilateral, regional & bilateral
cooperation; (c) Finance secretarial
services of the MLF
FY03
expenditures: US$100.7 million
FY04
DGF allocation: Not applicable
FY02
TF contributions: Not applicable
Governance model: Secretariat is an
independent legal entity located outside
of the World Bank
Location: Montreal, Canada
Governing partners: The WB is an
observer. An Executive Committee
comprised of 7 developed and 7
developing countries reports to the
Parties to the Montreal Protocol (MOP)
Implementing agencies: WB, UNDP,
UNEP, UNIDO, bilateral agencies |
The
Multilateral Fund was established by a decision of
the Second Meeting of the Parties to the Montreal
Protocol (London, June 1990) and began its operation
in 1991.
