There see that ninety-eight per cent of

There are
notable achievements of UNEP. First, the UNEP has achieved some successes
regarding the 1987 Montreal Protocol. The UNEP has influenced 196 states and
the EU to take part in its mandate. The 1987 Montreal Protocol is the only
universal agreement, which signed by 196 states and the EU. The protocol is the
landmark successful agreement ever. It required its signatories to phase out
the use of chlorofluorocarbons (CFCs), which were the key driver of ozone
depletion. As a result, since the disappearance of CFCs in any kind of
products, we can see that ninety-eight per cent of all ozone-depleting
substances have been phased out. In addition to this, the protocol obviously
has climate change implications despite its focus on ozone. What make the
agreement become a virtual success is the agreement not only binds countries,
it contains financial provisions to assist in phase-outs (Low, 2016). Another
notable achievement is the sponsorship they provided in Indian Solar Loan
Program. Solar Loan Program, sponsored by the UNEP, has changed the lives of many
Indian people. The program is attempted to change the perception that clean or
renewable energy is something seen as unaffordable and out-of-reach in
practical term. The project brings solar power into the rural mainstream in
India through micro-financing. The project has already shown some incredible
successes. It has reached approximately 100,000 people in the state of
Karnataka. It has saved money in the long-term and transforming the quality of
life for many people in the state. In addition to this, there is another
notable success of UNEP in this case.  The UNEP spent $1.5 million Solar
Home Project by distributing solar photovoltaic (PV) kits. The UNEP has engaged
bank to light up rural Indian. It has team up with two large Indian Bank to
overcome the lack of financing for clean energy in rural communities. The
project has proposed the idea of empowering impoverished communities and using
renewable energy into the mainstream (Mok, 2007). The Indian solar market has
transformed from a small, cash-only business in 2003, to a growing market with
more than 50% of sales, which was financed by more than 20 banks through their
networks of more than 2000 branches. Moreover, the UNEP has used the success of
the Indian Solar Loan Program to expand such finance programs into Morocco,
Tunisia and soon Algeria, Indonesia, Mexico and Chile (Fries, 2008).