International Methane Emissions Observatory (IMEO) launched at G20 summit

The United Nations Environment Programme (UNEP) has launched “International Methane Emissions Observatory (IMEO)” at the G20 Summit.

Key Points

• Methane observatory was launched to drive action on reducing greenhouse gas emissions.
• It was launched with support from the European Union.

International Methane Emissions Observatory (IMEO)

• It was launched because Methane is one among the most dangerous gases for climate.
• IMEO will monitor the methane emission through satellite.
• Observatory will produce a global public dataset of empirically verified methane emissions.
• It will initially focus on the fossil fuel sector, as it is responsible for one-third of anthropogenic emissions. This sector has the highest potential for reductions.

How will IMEO help?

• The IMEO will integrate data from four streams namely,

1. Direct measurement data from scientific studies
2. Remote sensing data
3. National inventories and
4. Reporting from the Oil & Gas

• It will monitor the commitments of around 30 countries that have joined Global Methane Pledge initiative by United States and European Union. This initiative was launched with the aim of cutting methane emissions by 30% by 2030.
• It will also help in improving the accuracy and public transparency of human-caused methane emissions.

Methane Partnership 2.0

Methane Partnership 2.0 is a United Nations Environment Programme (UNEP) led climate initiative. It involves 62 companies, which represent 30% of the world’s oil and gas production.

Month: Current Affairs - November, 2021