The EU Methane Regulation
The EU Methane Regulation. Reducing emissions while maintaining energy security
The EU Methane Regulation. Reducing emissions while maintaining energy security
Strategic Finance via a Multi-Partner Trust Fund Following its adoption in Glasgow, the Global Methane Pledge (GMP), currently at 159 signatories of which 118 are eligible for official development assistance (ODA), has spurred various new initiatives. However, financial support to date has been uneven, unpredictable and project-based, hindering implementation and effectiveness. Although there is some […]
Launched at CoP26 in 2021, the Global Methane Pledge (GMP) is the first global initiative focused on reducing emissions of methane - a super-pollutant responsible for about one-third of current warming.
If the UK intends to uphold its commitment to achieve net zero emissions by 2050 and demonstrate climate leadership, fast action on climate super-pollutants must be prioritised.
Methane is the second most important greenhouse gas (GHG), around 80 times more powerful than carbon-dioxide (CO2) over a 20-year period, and is responsible for a third of the global warming experienced to date. More than half of global methane emissions are anthropogenic, produced primarily by the agriculture sector (animal husbandry, land use), the waste sector (landfills and wastewater) and the energy sector (extraction and transport of fossil fuels).
What is methane and why care? Methane is a potent greenhouse gas (GHG) with significant environmental and health impacts. It warms the planet around 30 times more than Carbon Dioxide over a 100 year period and over 80 times more over a 20 year period.