The Global Methane Forum 2024, held in Geneva, Switzerland from March 18 to 21, is expected to continue making progress in addressing this climate-changing gas.
The Forum is jointly organized by the Global Methane Initiative, the United Nations Economic Commission for Europe, the Global Methane Hub and the Climate and Clean Air Coalition.
The forum brings together international policy makers, national leaders, project developers, financial institutions, scientists , researchers and climate change experts.
During the three working days, delegates will participate in discussion sessions to share information on technical, policy, financial and regulatory issues related to methane gas policy and project development to utilize methane gas in power generation, as well as attract and increase the participation of the private sector in reducing methane gas in production activities.
The forum comes as methane emissions have emerged as a top threat to the global climate. The International Energy Agency has said that cutting methane emissions is essential to achieving international climate change targets.
In the long-running debate over climate change and its complex global impacts, CO2 has taken center stage as the primary cause of global warming. However, in recent years, scientists have often compared the global warming effects of methane and CO2 over a century and found that methane is 28 times more harmful.
According to a recent study, methane is 80 times more toxic over 20 years. The climate impact of methane is doubly concerning because the Earth is approaching “tipping points” where climate feedback loops begin to cause sustained global warming.
According to the US Environmental Protection Agency website, China, Russia, India, Brazil, Indonesia, Nigeria and Mexico are the countries that emit nearly 50% of global methane. Currently, the US, the European Union and many countries have agreed to promote efforts to achieve the goal of reducing methane emissions into the air by at least 30% by 2030, focusing on the oil and gas industries.
THANH HANG synthesis
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