Global Methane Initiative (GMI)’s Post

Happy Zero Emissions Day! Did you know GMI Partner Countries represent approximately 75% of the world’s estimated anthropogenic methane emissions? GMI Partner Countries and Project Network members are working diligently toward zero emissions by developing and implementing solutions to reduce methane emissions and use methane as a valuable energy source. Join us to amplify your country’s impact on methane mitigation! https://loom.ly/6LMP_dg #ZeroEmissionsDay

🎙️ New Episode of Methane Talks, Episode 15: OLADE - Organización Latinoamericana de Energía’s Role in Driving Methane Mitigation in Latin America In this episode of Methane Talks, we are joined by Gaston Siroit, Technical Advisor to the Executive Secretary - OLADE and María Alejandra Garzón Sánchez, Technical Specialist - Methane Emissions Observatory of Latin America and the Caribbean – OEMLAC. Listen as they delve into the region's coordinated efforts to tackle methane emissions, highlighting the role of governments, NGOs, and private sector partners in driving methane mitigation initiatives. Gaston outlines OLADE's role in technical advisory and policy coordination, while María Alejandra shares insights on OMELAC’s roadmap, which focuses on supporting countries with technical assistance and standardizing emission inventories.🌎 Listen Here: https://lnkd.in/e5wujEH9 #MethaneMitigation #OLADE #OEMLAC #MethaneTalks

🆕 Just Announced 📢 🌟 🌟 DOE Forges Collaborative Partnerships with the Osage and Navajo Nations to Reduce Methane Emissions and other Environmental Impacts from Undocumented Oil and Gas Wells 🌟 🌟 📋 The Osage and Navajo Nations have each signed a memorandum of understanding with Office of Fossil Energy and Carbon Management | U.S. Department of Energy to develop a framework for identifying undocumented orphaned wells on tribal lands and reducing methane emissions and other harmful environmental impacts. 🤝 💡Learn more about the benefits of this collaboration: https://lnkd.in/grnwQuQB

Download your free copy of 'Preparing for the EU 2025 LDAR and Reporting Deadlines' - link in comments Industrial Decarbonization Network #MethaneMitigationSummitSeries

Reducing methane emissions has long been a priority for OGCI. Collectively, our member companies have: ➡️ Reduced methane emissions by 50% since 2017 ➡️ Reduced methane intensity to below 0.2% - now recognized as industry standard ➡️ Reduced upstream flaring by 45% since 2017 This year, we're expanding our flagship Satellite Monitoring Campaign globally to scale up methane emission mitigation. Learn more about our approach to methane emission elimination: https://lnkd.in/eARwsK6M

Have you seen the latest part of our series on carbon capture with Journalismfund Europe? Edward Donnelly dives into Norwegian oil and gas company Equinor's admittance of over-reporting the performance of a flagship carbon capture and storage project by about 30 percent due to defective monitoring equipment, underscoring risks associated with plans to scale the technology as a climate solution. Get the full story here 🔗 https://loom.ly/glEMgnE

Check out Emily's insightful takeaways from the #ARPAE2024 Energy Innovation Summit where she joined a panel of fellow catalytic capital providers to discuss investment strategies and the vital role of catalytic investing in bridging the scale gap, including Trellis Climate's unique approach and investment criteria. #CatalyticCapital #EnergyTech #CleanEnergy

👏 Investors, including CalSTRS, recognize OGMP 2.0 as a valuable tool for assessing how well companies manage their methane emissions and associated risks. ➡️ Methane has emerged as a major risk factor, which investors are keen to see mitigated through credible and empirical data. 🔗 https://lnkd.in/dDn9FSyp 💡 Key facts about the UN Environment Programme’s OGMP 2.0: 🔺 It is a unique platform for collective action and peer learning among member companies helping accelerate the sector’s progress towards methane mitigation. 🔺 By joining, companies commit to a comprehensive, measurement-based reporting framework that increases accuracy and transparency in their reported methane emissions. 🔺 This transparency provides confidence to regulators, investors, and the general public that its members manage emissions responsibly and progress toward announced targets to #CutMethane. Learn more about OGMP 2.0: https://lnkd.in/e2rfrBmU

Two weeks ago, we held a webinar on the key developments in policy and investments for Carbon capture and storage across Europe. Our panelists, Andreas Moeller from Wintershall Dea, Cristel Lambton from Equinor, Giacomo Matarazzo from Teréga and Colin McGill, gave some very interesting and valuable insights into some of the challenges faced across the value chain. The following points were raised in the different presentations and following discussion: 👍 There is a growing policy consensus internationally that deploying CCS is essential to reach climate targets 📈 Even though CCS is not a novel technology, large scale deployment to help with environmental objectives is still at an early stage – but some projects are already operational and many others are in planning. In particular, the EU has so far awarded PCI or PMI status to 14 CCS projects across Europe ❗ But the value chain from capture to storage is complex, and involves different risks that may call for policy interventions 🌍 Support mechanisms are already in place for e.g. in the Netherlands, Denmark, Norway, Belgium, the UK... and are being developed or implemented in France, Germany. But the design of intervention varies a lot across countries, especially on the transport and storage infrastructure aspects of the value chain ❓ There are likely to be key trade-offs between the complexity of the intervention versus the speed at which the sector needs to develop. We look forward to continuing working on the topic and seeing how the value chain develops in the coming years! 📽 You can use the link below to watch the recording. https://lnkd.in/esTTgrzN Johanna Reichenbach, Nick Lynd, Claire Thornhill, Catherine Galano (L’Hostis)

❗ Member reminder: Methane consultation closes on 22 March ❗ 🌬 Don't forget to share your feedback on our paper which looks at supporting investor engagement with fossil fuel producers on methane. We would be particularly grateful for input on the key points and engagement frameworks which are highlighted in this summary briefing ⤵ #NetZero #FossilFuels #Methane