Recital 5

(5)Due to global increases in HFC emissions, Parties to the 1987 Montreal Protocol on Substances that Deplete the Ozone Layer (the ‘Protocol’) decided in 2016, under the Kigali Amendment to the Protocol (the ‘Kigali Amendment’), which was approved on behalf of the Union by Council Decision (EU) 2017/1541 ⁷ , to implement an HFC phase-down that is to reduce HFC production and consumption by more than 80 % over the next 30 years. This implies that each Party must comply with an HFC consumption and production reduction schedule as well as provide for a licensing system for imports and exports and reporting on HFCs. It is estimated that the Kigali Amendment alone will save up to 0,4 °C of additional warming by the end of this century.