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CGD Talks: Practical Action on Methane Emissions: How the IMF and Others Can Help

Nov 21, 2023


Reduction of methane is a quintuple win:for health, for climate, for energy access, for food security and for fiscal revenues. Methane reduction from the oil & gas sector is attractive because emissions are concentrated and have a favourable abatement cost profile.

On 21 November 2023, the Center for Global Development brought together the perspectives of country policy makers and regulators, fiscal policy experts, and researchers to share insights on how some countries are already leading in emissions reductiion actions and how other countries can benefit. EnergyCC participated to share our experience and proposed actions. Among these actions, a global list of super-emitters was proposed to focus emission reduction efforts on the biggest emitters and provide transparency. 

Solutions are in part based on innovative work and the global clout of the IMF. Leading up to COP28, the panelists delved into how IMF teams can raise this issue to help country authorities act quickly, and discussed how the IMF and other related institutions can incentivize practical action on methane emissions for prosperity, health and for a better climate.



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