The Global Methane Pledge (GMP) now includes 159 countries aiming to reduce methane emissions by 30% from 2020 levels by 2030. At the COP 29 conference in Baku, Azerbaijan, participants assessed progress and pledged further actions against this greenhouse gas.

New members Azerbaijan, Tajikistan, Guatemala, and Madagascar joined GMP in 2024. Nearly 100 nations are working on national methane action plans, with support from the United Nations Environment Program's Climate and Clean Air Coalition.

At COP29, new grants totaling nearly $500 million were announced for methane reduction projects. This adds to over $2 billion already mobilized. International financial institutions have committed billions more in project finance.

Policy advancements include the European Commission's Methane Abatement Partnership Roadmap aimed at enhancing collaboration between importers and exporters to reduce emissions in the oil and gas sector. Additionally, six top waste-emitting countries announced new policies to curb emissions.

UNEP’s International Methane Emissions Observatory reported over 1,200 super emitter events in the oil and gas sector. Two new satellites were launched in 2024 for improved space-based methane detection.

Global Methane Pledge Champions including Canada, the European Commission, Germany, Japan, Nigeria, and the United States reaffirmed their commitment to reducing methane emissions swiftly during this critical decade.

Government contributions at COP29 included a $111 million commitment from the European Commission for methane reduction efforts and USAID's $22.15 million Methane Accelerator program funding abatement projects across several countries.

In agriculture, efforts include the European Union's new directive on livestock rearing emissions and U.S. funding through conservation programs aimed at reducing enteric methane emissions.

New satellite technology was celebrated for advancing emission tracking capabilities globally. The Carbon Mapper Coalition released data on global detections of methane emissions across various sectors at COP29.

The Global Methane Hub committed $10 million towards improving data transparency through collaborations with satellite monitoring initiatives like Carbon Mapper Coalition and MethaneSAT.

For more details about these initiatives or further inquiries contact support@globalmethanepledge.org or visit globalmethanepledge.org.