A call to action: The international community must scale support for methane mitigation

The Clean Air Task Force (CATF) asserts that methane mitigation is the most effective strategy for slowing near-term warming, yet it remains severely underfunded. Despite the existence of low-cost abatement opportunities in the oil and gas, waste, and agriculture sectors, finance for methane accounted for less than 2% of total climate finance flows in 2019 and 2020. CATF identifies structural barriers, including a lack of prioritized funding within donor institutions and a dearth of high-quality project proposals from developing countries. To address this, the document recommends scaling donor pledges, developing investable project pipelines, and improving partnerships and carbon market frameworks to support implementation.

• Methane is a critical target for near-term climate action because it is responsible for approximately half of current global warming and has a global warming potential over 80 times that of carbon dioxide over a 20-year period.
• Significant low-cost mitigation opportunities exist in the agriculture, waste, and oil and gas sectors, which together account for about 80% of human-caused methane emissions; 80% of identified abatement measures can be implemented for $10 per metric ton of CO2 or less.
• Current investment in methane abatement is insufficient, representing less than 2% of total climate finance flows in 2019 and 2020, with an estimated annual requirement of over $100 billion USD.
• Structural barriers hinder the scaling of methane projects, including a lack of prioritization by donor governments, a lack of internal champions within funding institutions, and a shortage of high-quality project proposals from countries due to limited capacity and coordination challenges.

APA

Siegel, K., & Davis, S. (2022). A call to action: The international community must scale support for methane mitigation. Clean Air Task Force. https://www.catf.us/2022/10/a-call-to-action-the-international-community-must-scale-support-for-methane-mitigation/

Chicago

Siegel, Kait, and Stacey Davis. A call to action: The international community must scale support for methane mitigation. Clean Air Task Force, 2022. https://www.catf.us/2022/10/a-call-to-action-the-international-community-must-scale-support-for-methane-mitigation/.

Wikipedia

{{cite press release |last1=Siegel |first1=Kait |last2=Davis |first2=Stacey |title=A call to action: The international community must scale support for methane mitigation |publisher=Clean Air Task Force |date=14 October 2022 |url=https://www.catf.us/2022/10/a-call-to-action-the-international-community-must-scale-support-for-methane-mitigation/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{siegel2022call, author = {Siegel, Kait and Davis, Stacey}, title = {{A call to action: The international community must scale support for methane mitigation}}, publisher = {Clean Air Task Force}, year = {2022}, month = oct, url = {https://www.catf.us/2022/10/a-call-to-action-the-international-community-must-scale-support-for-methane-mitigation/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }