Global Stocktake Assessment
Summary
The document emphasizes that reducing methane emissions is critical for limiting global warming to 1.5 degrees Celsius, noting that the waste, fossil fuel, and agriculture sectors possess low-cost mitigation options. It highlights a significant funding gap, stating that less than 2% of international climate finance currently targets methane mitigation, leaving an estimated annual shortfall of $100 billion.
Key insights
- To maintain the 1.5 degrees Celsius target, the IPCC recommends a 45% reduction in methane by 2030 compared to 2010 levels, while the IEA's 2021 net-zero pathway requires a 75% reduction in fossil fuel methane within a decade. Additionally, 120 countries have committed to a 30% reduction by 2030 via the Global Methane Pledge.
- The waste, fossil fuel, and agriculture sectors represent approximately 80% of human-caused methane emissions and have proven, low-cost mitigation strategies. A McKinsey analysis indicates that 80% of these opportunities, totaling over 140 MMT of methane, can be achieved at a cost of $10 per ton of CO2e or less.
- International finance for methane mitigation is insufficient, with the Climate Policy Initiative estimating that less than 2% of international climate finance is allocated to these projects, resulting in an annual funding gap of approximately $100 billion.
Cite the original document
- APA
- Clean Air Task Force (n.d.). Global Stocktake Assessment. https://cdn.catf.us/wp-content/uploads/2022/10/26165001/global-stocktake-assessment-methane.pdf
- Chicago
- Clean Air Task Force. Global Stocktake Assessment. n.d. https://cdn.catf.us/wp-content/uploads/2022/10/26165001/global-stocktake-assessment-methane.pdf.
- Wikipedia
- {{cite report |author=Clean Air Task Force |title=Global Stocktake Assessment |url=https://cdn.catf.us/wp-content/uploads/2022/10/26165001/global-stocktake-assessment-methane.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{cleanairtaskforcendglobal, author = {{Clean Air Task Force}}, title = {{Global Stocktake Assessment}}, institution = {Clean Air Task Force}, url = {https://cdn.catf.us/wp-content/uploads/2022/10/26165001/global-stocktake-assessment-methane.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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