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 * Climate & Energy
 * Sustainable Markets
 * Climate Change


OZONE LAYER ON ROAD TO RECOVERY DESPITE VOLCANO ERUPTION, UN WEATHER BODY SAYS

By Reuters
September 16, 20247:04 PM HSTUpdated 8 days ago
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The eruption of an underwater volcano off Tonga, which triggered a tsunami
warning for several South Pacific island nations, is seen in an image from the
NOAA GOES-West satellite taken at 05:00 GMT January 15, 2022. CIRA/NOAA/Handout
via REUTERS /File Photo Purchase Licensing Rights, opens new tab
 * Companies

 * World Meteorological Organization
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SINGAPORE, Sept 17 (Reuters) - The world's ozone layer is on "the road to
long-term recovery" despite a destructive volcanic eruption in the South
Pacific, the World Meteorological Organization said on Tuesday, after efforts to
phase out ozone-depleting chemicals.
On current trends, the ozone layer is on track to recover to 1980 levels by
around 2066 over the Antarctic, 2045 over the Arctic and 2040 for the rest of
the world, the United Nations agency said.
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Though the volcanic eruption near Tonga in early 2022 led to a short period of
accelerated depletion of ozone above Antarctica last year, driven by higher
levels of atmospheric water vapour, overall losses were limited, it said in its
annual ozone bulletin, opens new tab.
The ozone layer protects the earth from the sun's ultraviolet radiation, which
is linked to skin cancer and other health risks.
The Montreal Protocol, which came into effect in 1989, agreed to phase out
chlorofluorocarbons and other ozone-depleting substances, and its success
"stands out as a powerful symbol of hope" at a time when multilateral
cooperation has come under strain, said U.N. Secretary-General Antonio Guterres
in a statement.
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CFCs have been largely replaced by hydrofluorocarbons, which do not cause ozone
depletion but are a powerful climate-warming greenhouse gas.
Countries are now implementing the 2016 Kigali amendment to Montreal, which will
phase down HFC production, and could avoid around 0.5 degrees Celsius of warming
by 2100.
China remains the world's biggest HFC producer, with current capacity the
equivalent of nearly 2 billion metric tons of carbon dioxide. About a quarter is
exported.

China's environment ministry said on Monday it would soon publish a plan to
better control HFC production. As a developing country, it is obliged to cut HFC
consumption by 85% from 2013 to 2045.
China is cutting manufacturing quotas and cracking down on illegal production,
but it warned this year it still "faces huge challenges" in phasing down HFCs,
which are used by a wide range of different industries, many of which have
struggled to find substitute products.


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Reporting by David Stanway; Editing by Lincoln Feast

Our Standards: The Thomson Reuters Trust Principles., opens new tab

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BUSINESS


 * SHIPPERS SCRAMBLE FOR WORKAROUNDS AHEAD OF LOOMING US EAST COAST PORT STRIKE
   
   World at Workcategory · September 25, 2024 · 8:35 AM HST · 12 min ago
   
   A prolonged strike could have a significant effect on inflation and the job
   market.

 * ANALYSISUniCredit's Orcel takes aim at Europe's banking borders with
   Commerzbank bet8:34 AM HST · Updated 13 min ago
 * categoryHarris to propose manufacturing incentives in speech to Pittsburgh
   business group8:34 AM HST · Updated 13 min ago
 * FinancecategoryGermany on the defensive as UniCredit gains some support for
   Commerzbank talks8:34 AM HST · Updated 13 min ago
 * Artificial IntelligencecategoryMeta shows off prototype augmented-reality
   glasses at Connect event8:13 AM HST · Updated 34 min ago




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