An eye on methane
Methane Observatory unveiled first annual report – Uniper reaches gold standard
The UN Environment Programme (UNEP), with support from the European Union, launched a new Observatory to drive action on reducing methane emissions – a powerful greenhouse gas responsible for at least a quarter of the current climate warming. The International Methane Emissions Observatory (IMEO) was launched at the G20 Summit, on the eve of the latest round of climate talks, known as COP26 in Glasgow.
IMEO will improve the reporting accuracy and public transparency of human-caused methane emissions. IMEO will initially focus on methane emissions from the fossil fuel sector, and then expand to other major emitting sectors like agriculture and waste.
IMEO: First Annual Report
The first report includes the analysis of the first reports submitted by the company members of the OGMP 2.0. During this first year, most companies put significant effort into reporting and outlined ambitious 2025 reduction targets. Out of the 55 companies that set targets, 30 meet or exceed the recommended targets of 45% reduction or near-zero methane intensity, and 51 have submitted plans that provide confidence the accuracy of their data will improve in the next 3-5 years.
Uniper
Based on its solid operating experience, acquired over several decades through its predecessor companies, Uniper Energy Storage identified the importance of methane emission reductions early on and became a launching member of the Oil and Gas Methane Partnership (OGMP) 2.0 in 2020. Uniper Energy Storage reported in 2020 the majority of its methane emissions from operated assets on a level 4 reporting standard and has already successfully achieved substantial emission reductions compared to the base year 2015. The company is committed to monitor closely its methane emissions, to record them in accordance with aligned, reliable and comparable methodologies and is actively promoting the OGMP 2.0 reporting framework with its Joint Venture partners for non-operated assets.
The whole report is published under:
