The document summarizes the EU F-Gas Regulation and its implications. It notes that the EU regulation will lead to significant reductions in HFCs by 37% in 2018, 55% in 2021, and 69% in 2024. This is more ambitious than reductions under the Kigali Amendment. The reductions are even larger than they appear because baseline exclusions and exemptions mean actual reductions will be 48% in 2018 and 64% in 2021. Early effects include HFC stockpiling, price increases, and risks of illegal trade and material shortages. The regulation provides an opportunity for European green technologies to be mainstreamed globally through the Montreal Protocol HCFC phase-out.