Korea regulates HFCs under the Kigali Amendment

On October 18, 2022, the Korea Ministry of Trade, Industry and Energy published an amended version of the “Act on the Control of Manufacture of Specific Substances for the Protection of the Ozone Layer” in order to implement regulations to reduce consumption (production and imports minus exports) of hydrofluorocarbons (HFCs) even inside the country under the Kigali Amendment to the Montreal Protocol on Substances that Deplete the Ozone Layer. According to the Ministry, South Korea needs to gradually reduce consumption to 80% of the reference quantity from 2024 to 2045. In this amendment,