Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

South Korea to Accelerate HCFC Emissions Phase Out by 10 Years

South Korea plans to phase out emissions of hydrochlorofluorocarbons, or HCFCs, by 2030, 10 years faster than agreed to under the Montreal Protocol on the reduction of ozone-depleting substances.

The Korean government, adhering to the ozone-protection rules of the Montreal Protocol, will next year start imposing ceilings on the production and consumption of HCFCs, gases that gained favor in the early 1990s as an alternative to chlorofluorocarbons, or CFCs, the Ministry of Knowledge Economy said in an e-mailed statement.

While Korea was asked to phase HCFCs out by 2040, the government will scale down the amounts companies are allowed to use or import to zero by 2030, according to the statement.

The more than 190 states that ratified the Montreal Protocol on ozone-depleting substances agreed in 2007 to a total phase-out of the gases by 2030 in developed countries and by 2040 in poorer nations.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.