EU, US and Partners launch Global Methane Pledge to maintain 1.5C inside reach

The European Union, the United States and companions formally launched on November 2 the Global Methane Pledge, an initiative to scale back international methane emissions to maintain the objective of limiting warming to 1.5 levels Celsius inside reach. A complete of over 100 nations representing 70% of the worldwide economic system and nearly half of anthropogenic methane emissions have now signed onto the pledge.

The sturdy international assist for the Pledge illustrates rising momentum to swiftly scale back methane emissions—extensively thought to be the one simplest technique to scale back international warming, the Commission mentioned.  Countries becoming a member of the Global Methane Pledge decide to a collective objective of decreasing international methane emissions by at the very least 30 % from 2020 ranges by 2030 and transferring in the direction of utilizing greatest obtainable stock methodologies to quantify methane emissions, with a selected give attention to excessive emission sources.  The nations who’ve joined the Pledge signify all areas of the world and embrace representatives from developed and growing nations.

The US and EU additionally introduced a big enlargement of economic and technical assist to help implementation of the Pledge. Global philanthropies have dedicated $328 million in funding to assist scale up of all these methane mitigation methods worldwide. The European Bank for Reconstruction and Development, the European Investment Bank, and the Green Climate Fund have dedicated to assist the Pledge by way of each technical help and mission finance.  The International Energy Agency will even function an implementation associate.

Delivering on the Global Methane Pledge would scale back warming by at the very least 0.2 levels Celsius by 2050, offering a vital basis for international local weather change mitigation efforts.  In addition, in keeping with the Global Methane Assessment from the Climate and Clean Air Coalition (CCAC) and the United Nations Environment Programme (UNEP), reaching the 2030 objective would stop over 200,000 untimely deaths, tons of of hundreds of asthma-related emergency room visits, and over 20 million tons of crop losses a yr by 2030.

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