The toolkit, which covers partners, resources and case studies, is designed to help governments take action to reduce methane emissions.
Over 120 countries have joined the Global Methane Pledge, launched at COP26. The pledge seeks to collectively reduce all methane emissions from human activities by at least 30% below 2020 levels by 2030.
The Methane Guiding Principles (MGP) initiative was formed to catalyse action along the natural gas supply chain to reduce methane emissions. Ipieca is an MGP supporter.
As part of this commitment, the MGP have developed a new Methane Policy Toolkit that is aimed to support governments as they develop or update policies and regulations to drive down oil and gas methane emissions and work towards the goals set in the Global Methane Pledge. The toolkit aims to connect regulators to key resources and institutions supporting their efforts.
The toolkit consists of three main components:
- The partners section describes the different organizations and initiatives that are working on reducing oil and gas methane emissions, including Ipieca. The toolkit aims to map out these different institutions to ensure that governments know where to turn depending on their needs.
- The resources section introduce tools and publications that provide a technical and institutional basis for action. There is already a lot of material available to inform action on methane, covering many different aspects - from monitoring and measurement to abatement technologies. The toolkit gathers all of the key resources in one place to help orient regulators to the landscape of materials and resources that are available.
- Finally, the case studies section highlights key examples from across the MGP contributing institutions and companies, including Ipieca members. Although there remains work to be done, there have already been a number of important success stories on methane emissions. Some governments have already started to regulate methane emissions, and in parallel, companies have made great strides in improving measurement and management of emissions. The toolkit case studies cover a number of key examples to demonstrate what is possible.
All of these materials are available in the Methane Policy Toolkit.
Find out more about Ipieca's work and resources on reducing methane emissions.