Summary
The briefing argues that a comprehensive global methane agreement is necessary to achieve a 40-45% reduction in emissions by 2030 to maintain the 1.5°C warming target. It proposes three pillars of action: an updated monitoring, reporting and verification (MRV) framework utilizing satellite technology; national methane action plans targeting the energy, agriculture, and waste sectors; and a system of technical and financial assistance for developing countries. The authors highlight that many mitigation measures, particularly in the energy sector, are low-cost or can be implemented at no net cost.
Key insights
- Global methane emissions must be reduced by 40–45% by 2030 to potentially keep global warming below 1.5°C, with 30% of this reduction achievable through readily available measures.
- The Global Methane Pledge, signed by over 125 countries, aims for a minimum 30% reduction by 2030 but is considered insufficient as it falls 10-15% short of the 1.5°C target and lacks mechanisms for monitoring, reporting, and financial assistance.
Cite the original document
- APA
- Changing Markets Foundation (2022). Methane Matters. https://changingmarkets.org/wp-content/uploads/2022/11/CM-Online-report-layout-Methane-Matters-Towards-a-global-methane-agreement-part-02-V02.pdf
- Chicago
- Changing Markets Foundation. Methane Matters. 2022. https://changingmarkets.org/wp-content/uploads/2022/11/CM-Online-report-layout-Methane-Matters-Towards-a-global-methane-agreement-part-02-V02.pdf.
- Wikipedia
- {{cite report |author=Changing Markets Foundation |title=Methane Matters |date=March 2022 |url=https://changingmarkets.org/wp-content/uploads/2022/11/CM-Online-report-layout-Methane-Matters-Towards-a-global-methane-agreement-part-02-V02.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{changingmarketsfoundation2022methane, author = {{Changing Markets Foundation}}, title = {{Methane Matters}}, institution = {Changing Markets Foundation}, year = {2022}, month = mar, url = {https://changingmarkets.org/wp-content/uploads/2022/11/CM-Online-report-layout-Methane-Matters-Towards-a-global-methane-agreement-part-02-V02.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
Full text
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