With the planet poised to exhaust its carbon budget within the next few years, it’s imperative to reduce methane emissions, as it’s a highly potent greenhouse gas. One of the reasons methane abatement has lagged in the oil and gas sector is the lack of appropriate financial instruments to provide access to capital for this purpose. The Guidance produced by the Methane Finance Working Group (MFWG) aims to address this challenge by proposing labeled bonds and loans with activities, projects, and KPIs targeting methane to support the creation of an ecosystem where issuers, investors, and structuring agents can confidently engage in transactions.
Learn more