US special climate envoy John Kerry announced On Monday, 24 additional countries agreed a voluntary pledge to cut emissions of methane, a powerful greenhouse gas, by a third by 2030.
why it matters: The global methane pledge, which was announced by the Biden administration with the European Union last month, now includes nine of the world’s top 20 methane emitting countries, representing about 30% of total emissions and 60% of the global economy.
New mortgagee include Canada, France, Germany, Japan, Nigeria, Sweden and Pakistan.
- Argentina, Ghana, Indonesia, Iraq, Italy, Mexico and the United Kingdom agreed to declare the agreement for the first time.
yes but: These are voluntary pledges for a one year plan. What remains to be seen is the concrete action of the non-binding agreements of nations and corporations.
thought bubble, Andrew Friedman via Nerdshala: Along with carbon dioxide, which is a long-lasting planet-warming gas, methane is a potent warming agent that acts in the near term, over a period of one to two decades.
- In recent years, methane emissions have been rising rapidly, and reducing them could have immediate effects on the climate, studies show.
- The new methane pledge is part of a Biden administration-led effort to pursue an all-encompassing strategy to reduce emissions of planet-warming gases from ozone-depleting substances to carbon dioxide.
big picture: More than 20 major philanthropic organizations announced on Monday that they will commit more than $223 million to support the implementation of the pledge.
- The new commitments come weeks before the United Nations will hold a climate summit in Glasgow on 31 October.
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