The ozone layer, situated 15-30 km above the Earth's surface, protects life by absorbing harmful UV radiation from the sun. CFCs released into the atmosphere are destroying the ozone layer, with depletion rates highest in polar regions. This destruction increases harmful UV rays, risking skin cancer, eye cataracts, and damage to plants and small organisms. CFCs were widely used but are being phased out and banned due to their ozone-destroying effects.