In 1987, representatives from twenty-four industrial nations addressed the problem again and issued the Montreal Protocols, an agreement to phase out CFCs, along with halons (widely employed in fire extinguishers), and to stop producing them by the end of the century. It hasn’t happened yet. Third world countries, considering CFCs necessary for their economic development, continue to produce them, and industrialized countries are slow to switch to more expensive compounds.
In 1990, the Montreal Protocols established the Multilateral Fund. The industrialized nations who finance the Fund agreed to help developing nations phase out ozone depleting substances, but the contributors are in arrears and the recipients are ignoring the protocols.
|  Hole in the ozone layer high above Anarctica
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