Global Methane Pledge Energy Pathway
➖ The United States, the European Union, and 11 countries launched the Global Methane Pledge Energy Pathway to catalyze methane emissions reductions in the oil and gas sector, advancing both climate progress and energy security.
➖ To limit warming to 1.5 degrees C and avoid near-term tipping points, the world must rapidly reduce methane emissions in addition to decarbonizing the global energy sector.
➖ The Energy Pathway is a critical implementation step of the Global Methane Pledge that will accelerate deployment of the fastest and most cost-effective methane mitigation solutions available today. The GMP Energy Pathway aims to encourage all nations to:
✔️ Capture the maximum potential of cost-effective methane mitigation in the oil and gas sector, and
✔️ Eliminate routine flaring as soon as possible, and no later than 2030.
🟢 Note: the United States, the European Union, and more than 100 countries launched the Global Methane Pledge (GMP) at COP26 to reduce anthropogenic methane emissions at least 30 percent by 2030 from 2020 levels.