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On November 2nd, at the United Nations Climate Conference (COP26), 105 signatories jointly announced that the global methane commitment was officially launched
.
It is reported that this European and American-led initiative aims to reduce global methane emissions and keep the Paris Climate Agreement’s goal of limiting global warming to 1.
Alok Sharma, Chairman of COP26, said: “The initiation of a global methane pledge is essential to limit global warming to less than 1.
5°C
.
The parties that signed the pledge agreed to take voluntary actions at the national level, with 2020 as the benchmark.
The European Commission stated that the European Union and the United States have also announced substantial expansion of financial and technical support to assist in fulfilling this commitment
.
Global charities have pledged to provide US$328 million in funding to support the expansion of such methane reduction strategies globally
With the support of the European Union, the United Nations Environment Programme (UNEP) has also launched a new observatory, the International Methane Emission Observatory (IMEO), to promote the global reduction of methane emissions
.
The European Commission stated that IMEO will raise the global methane emission report to a "completely different level" to ensure openness and transparency of man-made methane emissions
