These recommendations are timely as market operators, importers and competent authorities are seeking certainty about which solutions would be considered acceptable for demonstrating compliance with EUMR monitoring, reporting and verification (MRV) requirements in a stable and predictable manner.
The Methane Abatement Partnership (MAP) Roadmap, launched at COP29, outlines actions for importer-exporter cooperation to cut methane emissions in fossil energy supply chains through transparency, monitoring, and investment, supporting a rapid transition away from fossil fuels.
The EU Methane Regulation. Reducing emissions while maintaining energy security
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.
The Regulation on methane emissions reductions in the energy sector (the ‘EU Methane Regulation’) will require the oil, gas and coal industries to reduce methane emissions through a package of monitoring and mitigation measures in the EU and, in the future, across the supply chain.
Methane emissions are a threat to global climate and human health. Atmospheric methane concentrations are at their highest ever, having risen by almost 10 per cent in the past 20 years.