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WHITE PAPER 2. Regulatory overview The complexity of the changing refrigerants market is driven in part by the ongoing development of legal frame- works, including the 2016 Paris Agreement. To prevent global temperature increase from exceeding 2°C above pre-industrial levels, signatories to the agreement are re- sponsible for setting national targets to limit greenhouse gas emissions. This has contributed to the increased international focus on HFC (hydrofluorocarbon) refriger- ants that contribute to global warming. However, there is currently no global standard for which refrigerants must be phased out and by when. Instead, the situation is vastly different from country to country. The regulations that apply to a given business – as well as the options available to them – depend entirely on where they operate and the application in which the refrigerant is used. 4PDF Image | guide for selecting and accommodating refrigerants
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