Government and industry responses to UNEP’s more than 3,500 satellite methane alerts climbed from one to 12 per cent in the past year. Nevertheless, action must accelerate to minimize global temperature rise and achieve the Global Methane Pledge goal of curbing methane emissions 30 per cent by 2030, according to a new UN Environment Programme (UNEP) report.
Historically, emission
inventories have underestimated methane emissions, making real-world data a
critical tool to track and reduce this potent driver of global warming.
The fifth edition of
the UN Environment Programme’s (UNEP) International Methane Emissions
Observatory (IMEO) publication, An Eye on Methane: From measurement to
momentum, finds that member oil and gas companies of IMEO’s Oil and Gas
Methane Partnership 2.0 (OGMP 2.0) are set to track one-third of emissions from
global production using real-world measurements.
And while government
and company responses to alerts from IMEO’s Methane Alert and Response System (MARS)
have grown tenfold over the previous year, nearly 90 per cent remain
unanswered.
Atmospheric methane
continues to be the second biggest driver of climate change after carbon
dioxide, responsible for about one-third of the planet’s warming.
“Reducing methane
emissions can quickly bend the curve on global warming, buying more time for
long-term decarbonization efforts, so it is encouraging that data-driven tools
are helping the oil and gas industry to report on their emissions and set
ambitious mitigation targets,” said Inger Andersen, Executive Director of UNEP.
“But to keep the Paris Agreement targets within reach, the important progress
on reporting must translate into cuts to emissions. Every company should join
the Oil and Gas Methane Partnership 2.0, and both governments and operators
must respond to satellite alerts – then they must act to reduce emissions.”
Industry
transparency growing, but action must follow
The OGMP 2.0 is the
world’s global standard for methane emissions measurement and mitigation in the
oil and gas sector – and provides the foundation of methane regulations in the
world’s largest buying market, the European Union.
Over the past five
years, OGMP 2.0 membership has more than doubled to 153 companies in the
countries, covering 42 per cent of global oil and gas production.
In total, one-third of
global oil and gas production reports, or will soon report, emissions at OGMP
2.0’s Gold Standard – meaning emissions are tracked with real-world
measurements.
This positions a large
amount of the global industry to effectively measure – and thus mitigate –
emissions.
Of the companies that
reported emissions data, 65 companies, representing 17 per cent of global oil
and gas production, achieved Gold Standard.
Some 50 companies,
representing a further 15 per cent, achieved Gold Standard Pathway – meaning
these companies are on track to soon reach Gold Standard reporting.
Another 22 companies
reported emissions data but did not meet Gold Standard requirements.
Methane alert
responses rising, but not fast enough
Through MARS, UNEP has
sent over 3,500 alerts about major emissions events across 33 countries. These
alerts are based on satellite monitoring and artificial intelligence-supported
analysis.
While last year only
one per cent of MARS alerts received a response, this year the response rate
rose to 12 per cent.
This engagement with
the system is yielding results. IMEO has documented 25 cases of mitigation
action in ten countries since MARS was launched in 2022, including across six
new countries during the past year.
However, with nearly
90 per cent of MARS alerts ignored, governments and companies must increase
their response rates.
The MARS system is
also expanding to cover methane emissions from coal mines and waste sites –
sectors where measurement is scarce, but targeted mitigation opportunities
exist.
IMEO stepping up
support
IMEO is stepping up
its Steel Methane Programme, which targets emissions from metallurgical coal
used in steelmaking.
Metallurgical coal
adds a quarter to the climate footprint of steel, yet these emissions can be
mitigated at just one per cent of the cost of steel.
Despite the
availability of low-cost solutions – like oxidation and drainage systems –
metallurgical coal methane remains largely overlooked in steel decarbonisation
efforts.
The programme will
bring new transparency to the sector through a Steel Methane Transparency
Database of mine-level emissions that combines empirical studies, satellite
data and industry partnerships.
Finally, IMEO has
supported 46 peer-reviewed methane science studies across six continents.
These studies have
filled knowledge gaps, including by testing new technologies for measuring
emissions from oil and gas facilities and quantifying emissions from
metallurgical coal-producing regions.
IMEO is also
developing estimates for methane emissions from rice and livestock through
country-wide baseline studies.
Dan Jørgensen,
European Commissioner for Energy and Housing, said:“Methane is one of the most
potent greenhouse gases. Tackling it is among the fastest ways to slow global
warming. Europe’s groundbreaking methane regulation reflects our determination
to cut emissions through credible data and transparency. Market operators are
increasingly on the lookout for cleaner fuels and verifiable emissions
information is key. Credible data from UNEP’s IMEO enables standards and
partnerships that make accountability the norm across global energy supply
chains.”
Takehiko Matsuo, Vice-Minister for International Affairs of the Ministry of Economy, Trade and Industry, Japan, said:“Methane mitigation is an urgent global challenge, and it begins with accurate, actionable data. Japan’s CLEAN initiative is encouraging information exchange among industries and drive reductions across the gas value chain in partnership with Oil and Gas Methane Partnership 2.0, while satellite missions like JAXA’s new GOSAT-GW will turn space-based observations into mitigation on the ground through UNEP’s Methane Alert and Response System. The Government of Japan expect IMEO to contribute to accelerating global action on methane emission reductions through collaboration with governments, industries, and civil society.” -OGN/TradeArabia News Service

