World Bank Steps Up Efforts to Address Methane EmissionsIncreased $$$$ should help get more projects up and running and could be very beneficial to a company like GRN. Lots of focus from goverments all over the world on methane reduction........
The World Bank is taking bold action to decisively bend the methane emission curve, announcing its intent to launch at least 15 country-led programs in the next 18 months.
Methane represents about 19% of global greenhouse gas emissions. Rice production accounts for 8%, livestock 32%, and waste 18% of all human-driven methane emissions.
The Bank will also support early interventions where methane emissions are set to rise exponentially, inform policy making and country engagements through analytics, and unlock financing. Between 2024 and 2030, the World Bank expects to significantly boost its financing through public and private sector channels for methane reduction.
the World Bank is launching two partnership platforms for accelerated methane action: The Global Methane Reduction Platform for Development (CH4D), a hub for methane abatement in agriculture and waste, and the Global Flaring and Methane Reduction Partnership (GFMR) focuses on reducing methane leaks in the oil and gas sector.
https://www.worldbank.org/en/news/factsheet/2023/12/04/world-bank-steps-up-efforts-to-address-methane-emissions