Guide pour l’intégration de la réduction des émissions de méthane dans la structuration de la dette du secteur pétrolier et gazier

The guide outlines a framework for deploying capital to reduce methane and flaring in the oil and gas sector, with a particular focus on National Oil Companies (NOCs). It provides detailed recommendations for selecting eligible projects, quantifying emissions, and establishing credible KPIs and sustainability performance targets (SPTs) aligned with the IEA's Net Zero Scenario. The document also specifies requirements for external verification and reporting to prevent greenwashing.

• The oil and gas sector's methane reduction is critical for climate goals; the IEA's Net Zero Scenario (NZE) recommends a 75% reduction in methane emissions from the sector by 2030.
• National Oil Companies (NOCs) are central to global efforts as they control over half of the world's methane emissions, reserves, and production, yet often struggle to access capital markets for emission reduction measures.
• Significant investment is required for methane abatement by 2030, with the IEA estimating 175 billion USD and McKinsey estimating 200 billion USD, including 120 billion USD for upstream infrastructure.
• For use-of-proceeds (UoP) instruments, projects must result in substantial, measurable, and sustainable reductions and should avoid 'carbon lock-in' by not supporting the development of new oil and gas fields.
• The guide recommends a hierarchy of quantification standards for methane emissions, urging the avoidance of generic emission factors in favor of measurement-based inventories (Level 2 or higher).
• KPI-linked instruments should utilize a mix of core indicators (such as methane intensity and absolute emissions) and secondary 'activity-based' indicators (such as LDAR programs) to ensure progress even when data quality is initially low.
• To prevent 'transferred emissions' during mergers and acquisitions, the guide recommends due diligence on buyers' climate standards and the continued public reporting of the transferred asset's environmental impact.
• External verification is essential for credibility; the guide specifies that post-transaction audits should include site visits and the use of independent third-party data, such as satellite monitoring, to detect inconsistencies.

APA

Climate Bonds Initiative (n.d.). Guide pour l’intégration de la réduction des émissions de méthane dans la structuration de la dette du secteur pétrolier et gazier. https://www.climatebonds.net/files/documents/publications/FR-MFWG-Guidance.pdf

Chicago

Climate Bonds Initiative. Guide pour l’intégration de la réduction des émissions de méthane dans la structuration de la dette du secteur pétrolier et gazier. n.d. https://www.climatebonds.net/files/documents/publications/FR-MFWG-Guidance.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Guide pour l’intégration de la réduction des émissions de méthane dans la structuration de la dette du secteur pétrolier et gazier |url=https://www.climatebonds.net/files/documents/publications/FR-MFWG-Guidance.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiativendguide, author = {{Climate Bonds Initiative}}, title = {{Guide pour l’intégration de la réduction des émissions de méthane dans la structuration de la dette du secteur pétrolier et gazier}}, institution = {Climate Bonds Initiative}, url = {https://www.climatebonds.net/files/documents/publications/FR-MFWG-Guidance.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }