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US and partners formally launch Global Methane pledge to keep 1.5C within reach

US and partners formally launch Global Methane pledge to keep 1.5C within reach

F.P. Report

WASHINGTON: The United States, the European Union, and partners formally launched the Global Methane Pledge, an initiative to reduce global methane emissions to keep the goal of limiting warming to 1.5 degrees Celsius within reach.  A total of over 100 countries representing 70% of the global economy and nearly half of anthropogenic methane emissions have now signed onto the pledge. 

The strong global support for the Pledge illustrates growing momentum to swiftly reduce methane emissions—widely regarded as the single most effective strategy to reduce global warming.  Countries joining the Global Methane Pledge commit to a collective goal of reducing global methane emissions by at least 30 percent from 2020 levels by 2030 and moving towards using best available inventory methodologies to quantify methane emissions, with a particular focus on high emission sources.  The countries who have joined the Pledge represent all regions of the world and include representatives from developed and developing nations.

The U.S. and EU are also proud to announce a significant expansion of financial and technical support to assist implementation of the Pledge. Global philanthropies have committed $328 million in funding to support scale up of these types of methane mitigation strategies worldwide.  The European Bank for Reconstruction and Development, the European Investment Bank, and the Green Climate Fund have committed to support the Pledge through both technical assistance and project finance.  The International Energy Agency will also serve as an implementation partner.

Delivering on the Global Methane Pledge would reduce warming by at least 0.2 degrees Celsius by 2050, providing a crucial foundation for global climate change mitigation efforts.  In addition, according to the Global Methane Assessment from the Climate and Clean Air Coalition (CCAC) and the United Nations Environment Programme (UNEP), achieving the 2030 goal would prevent over 200,000 premature deaths, hundreds of thousands of asthma-related emergency room visits, and over 20 million tons of crop losses a year by 2030.

The supporters of the Global Methane Pledge include the U.S., the EU, and the following 103 countries:

Albania

Andorra

Argentina

Armenia

Barbados

Belgium

Belize

Benin

Bosnia and Herzegovina

Brazil

Bulgaria

Burkina Faso

Canada

Central African Republic

Chile

Colombia

Republic of the Congo

Cameroon

Costa Rica

Cote D’Ivoire

Croatia

Cyprus

Democratic Republic of the Congo

Denmark

Djibouti

Dominican Republic

Ecuador

El Salvador

Estonia

Ethiopia

Federated States of Micronesia

Fiji

Finland

France

Gabon

Gambia

Georgia

Germany

Ghana

Greece

Grenada

Guatemala

Guyana

Honduras

Iceland

Indonesia

Iraq

Ireland

Israel

Italy

Jamaica

Japan

Jordan

Korea

Kyrgyzstan

Kuwait

Liberia

Libya

Luxembourg

Malawi

Mali

Malta

Marshall Islands

Mexico

Monaco

Montenegro

Morocco

Nauru

Netherlands

Nepal

New Zealand

Nigeria

North Macedonia

Nuie

Norway

Pakistan

Palau

Panama

Papua New Guinea

Peru

Philippines

Portugal

Rwanda

Saudi Arabia

Senegal

Serbia

Singapore

Slovenia

Spain

St. Kitts & Nevis

Suriname

Sweden

Switzerland

Togo

Tonga

Tunisia

Ukraine

United Arab Emirates

United Kingdom

Uruguay

Vanuatu

Vietnam

Zambia

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