Government structures

While the ozone layer is healing, pitfalls remain

In 1987, the world came together to sign the Montreal Protocol, a global agreement to protect the Earth’s ozone layer. The accord was designed to phase out a host of chemicals, such as chlorofluorocarbons (CFCs) and hydrochlorofluorocarbons (HCFCs), that were creating a continent-sized hole in the ozone layer above Antarctica.

50 years of UNEP

The United Nations Environment Programme (UNEP) is celebrating its 50th anniversary in 2022. Founded in 1972 following the landmark UN Conference on the Human Environment, UNEP was conceived to monitor the state of the environment, inform policy making with science and coordinate responses to the world’s environmental challenges.

North American Sustainable Refrigeration Council releases refrigerant transition hub to help retailers shift from high global warming refrigerants

The North American Sustainable Refrigeration Council (NASRC), a 501©(3) environmental nonprofit working to advance climate-friendly natural refrigerants in supermarkets, recently announced it published a free refrigerant transition hub to help retailers navigate regulation changes implemented by the American Innovation and Manufacturing (AIM) Act.

The global HVAC-R market to reach $257.9 billion in 2027

The global HVAC-R market was valued at $193.6 billion in 2021 and is projected to reach $257.9 billion in 2027, following a CAGR of 5% during the forecast period 2022-2027. The growth in the global HVAC-R market is expected to be driven by increasing population and rapid urbanization, drastic change in weather conditions, and emerging innovation in HVAC-R.