By comparing the ozone depletion potential-weighted anthropogenic emissions of N2O with those of other ozone-depleting substances, we show that N2O emission currently is the single most important ozone-depleting emission and is expected to remain the largest throughout the 21st century. N2O is unregulated by the Montreal Protocol. Limiting future N2O emissions would enhance the recovery of the ozone layer from its depleted state and would also reduce the anthropogenic forcing of the climate system, representing a win-win for both ozone and climate.