World Bank Fact Sheet #4
The World Bank, Chemical Giants and the
Ozone Layer
Greenpeace
International
The World Bank controls the money for the Montreal
Protocol on Substances that Deplete the Ozone Layer, which
is supposed to help developing countries switch to
ozone-friendly alternatives. However, the Bank has turned
this into a profit engine for chemical companies. While many
countries are switching to safer and cheaper alternatives,
the Bank drags its feet and overwhelmingly supports the
transnational chemical companies.
The British Antarctic Survey states that if ozone
continues to disappear over the Antarctic at the same rate
as it is now, there will be none left in October 2005. While
production of CFCs has been curtailed, the levels of CFCs in
the upper atmosphere are still increasing, so things will
get worse before the effect of the current cuts are
felt.
Alternatives exist. Greenpeace, along with an East German
company, developed a domestic refrigerator which runs on
butane as a coolant and cyclopentane in the insulation foam.
The "Greenfreeze" has now been taken up by major
manufacturers Bosch-Siemens, Liebherr, Electrolux, and
Matsushita. The World Bank has approved this technology as a
viable alternative, yet out of 176 projects only one takes
this route. Instead, the Bank prefers to fund projects using
the ozone-destroying HCFCs and global warming HFCs put up by
chemical giants like ICI, Du Pont and Atochem.
The World Bank And Ozone Depletion By Numbers
- Total developing country use of ozone depleting
substances (1991)- 150,000 tonnes a year
- Percentage increase in developing country use of
ozone depleting substances (1986-1991) - 54%
- Total funds allocated to date for the Montreal
Protocol implementing agencies - US$152.1 million
- Amount of Montreal Protocol funds allocated to the
World Bank- US$92.2 million
- Number of projects administered by the Bank -
176
- Percentage of Montreal Protocol funds administered by
the Bank- 60.6%
- Percentage of funds allocated to the Bank that have
been disbursed - 6.2%
- Total tons of Ozone Destroying Substances (ODS)
phased out to date - 951
- Tons of ODS phased out to date by the Bank - 245
- Tons of ODS to be phased out by Bank projects
approved to date: 21,434
- Percentage of Bank's approved ODS phase-out that has
actually been phased out - 0.011%
- Percentage of Bank's phase-out to date accomplished
by using "reduced CFC" technology - 81%
- Percentage of all agency project funding slated for
HCFCs and HFCs - at least 60%
- Funds allocated to Bank for refrigeration and foam
sector projects - US$48.3 million
- Refrigeration and foam projects, as percentage of
total Bank Montreal Protocol projects - 52%
- Percentage of Bank refrigeration and foam sector
projects that fund chemical company alternatives -
94.4%
- Number of Bank projects that use "greenfreeze"
technology - 1
- Number of Ozone Operations Resource Group (OORG: the
Bank's technical advisory body) sector chairs: 7
- Percentage of OORG sector chairs with strong ties to
chemical companies: 100
- Number of OORG sector chairs now employed by ICI -
2
Greenpeace Demands
- The World bank must immediately stop funding
50%-reduced-CFC, HCFC and HFCs projects.
- The World Bank must immediately expedite the process
of funds disbursement to developing countries.
- The World Bank should balance its expertise in the
Ozone Operations Resource Group (OORG) with experts in
not-in-kind technologies.
Source: Greenpeace International Web Server.
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