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Global Climate Action  

At the twenty-first session of the Conference of the Parties (COP 21) in Paris, it was agreed that mobilizing stronger and more ambitious climate action by all Parties and non-Party stakeholders is urgently required if the goals of the Paris Agreement are to be achieved.

In decision 1/CP.21, the commitments from all actors are recognized, including those launched through the Lima–Paris Action Agenda, as well as the urgent need to scale up the global response to climate change and support greater ambition from governments.

At COP 22 in Marrakech, a High-Level Event on Accelerating Climate Action was held to highlight outcomes from the Action Events throughout the conference and culminated with the launching of the Marrakech Partnership for Global Climate Action; a new framework to catalyse and support climate action.

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Emissions reduction

Short term pollutants

Oil & Gas Methane Partnership

Reduce methane emissions in their operations by systematically surveying for nine key emission sources and publicly report the share of their operations being controlled for those sources

Lead Organisations

UNEP Paris

Objectives

Objectives by COP22: Addition of several more partner companies. Companies in the CCAC Oil & Gas Methane Partnership will are expected to provide their first annual public reports by COP22. These company-specific reports provide the following metrics:
• the share of a company's operations covered by the initiative (stakeholders will be able to note the pace at which the company expands coverage);
• the share of participating operations surveyed for nine core sources of methane emissions (i.e., the largest potential sources in typical oil & gas operations);
• the shares of the surveyed operations that are found to be a) compliant and b) non-compliant for the nine core sources;
• the emissions from the non-compliant sources ;
• brief descriptions of the projects undertaken to mitigate the non-compliant sources; and
• the emissions reductions achieved from those projects.

Long-term objective: Significantly increase the number of oil & gas companies participating in the OGMP and following its protocols, and by so doing significantly reduce methane emissions from the oil and gas sector – one of the largest man-made source of methane emissions.

Roadmap and work plan

While participating companies are expected to eventually include all of their operated assets under the protocols of the OGMP, there is no minimum number or share of assets that a company must start with or maintain, and companies add new assets at their own pace. However, the requirement for companies to report annually the share of their assets participating gives them an incentive to add new assets at a reasonable pace.
Companies help recruit other companies by emphasizing the advantages of collaboration on this issue, with opportunities to learn from each other.

Progress

In 2016 the six companies that had joined the OGMP at its launch at the end of 2014 submitted their first annual progress reports covering the first full year of the partnership. The public summary versions of these reports may be found here: http://www.ccacoalition.org/en/content/oil-and-gas-methane-partnership-reporting

The 2016 reports show that, during the first year of OGMP, Partner companies surveyed 45 operations in seven countries, including Angola, Italy, Kazakhstan, Norway, Republic of Congo, Thailand and the United States. Although the first year was expected to focus primarily on conducting surveys of participating operations, some Partner companies also began implementing identified methane reduction opportunities, resulting in some 14,000 tons of methane emissions avoided in 2015.

Quantitative Impact

Finance

Partner companies started implementing some of the reduction opportunities identified during surveys of their operations, resulting in emissions reductions of 14,000 tons of methane (equivalent to 0.4 million tons of CO2e using a 100-year GWP of 28, or 1.2 million tons of CO2e using a 20-year GWP of 84).

Mitigation

Each company covers the cost of its own participation, including investments it makes in mitigation projects, but the cost of such investments is not part of the company reporting.

Contact

Philip Swanson, UNEP Paris

+33 1 44 37 76 35

philip.swanson.affiliate@unep.org

http://www.ccacoalition.org/en/content/ccac-oil-gas-methane-partnership