- Methane emissions will likely increase by 13 per cent by 2030 without the Global Methane Pledge.
About Global Methane Pledge,
- It was launched in 2021, aims to keep alive the 1.5 degrees Celsius goal.
- Over a 100 countries have committed to reducing global methane emissions by at least 30 per cent by 2030 from 2020 levels.
- This reduction could eliminate over 0.2?C warming by 2050
- India, which is not a part of the Global Methane Pledge, is among the top five methane emitters globally, according to the International Energy Agency.
- Most emissions can be traced back to agriculture.
- Aims and objectives
- It aims to catalyse global action and strengthen support for existing international methane emission reduction initiatives to advance technical and policy work that will serve to underpin Participants’ domestic actions.
- It also recognizes the essential roles that private sector, development banks, financial institutions and philanthropy play to support implementation of the Pledge and welcomes their efforts and engagement.