Joint Declaration of Energy Importers and Exporters on Reducing Greenhouse Gas Emissions from Fossil Fuels

US Department of State
Office of the Spokesperson of the Ministry of Foreign Affairs
in 2022 November 11
Press release

The text of this statement was issued by the governments of the United States of America, the European Union, Japan, Canada, Norway, Singapore and the United Kingdom.

Beginning of text:

The United States of America, the European Union, Japan, Canada, Norway, Singapore and the United Kingdom are committed to urgent action to address the two climate and energy security crises facing the world.

We emphasize the need to accelerate the global transition to clean energy and recognize that our relentless dependence on fossil fuels leaves us vulnerable to market volatility and geopolitical challenges.

We also recognize that under IPCC scenarios consistent with a 1.5°C warming limit, fossil fuel consumption will continue to decline rapidly as the global energy transition develops. Thus, we argue that significant reductions in methane, carbon dioxide and other greenhouse gas emissions throughout the fossil fuel energy value chain are a necessary complement to global energy decarbonisation’s 1.5°C warming limit.

We are committed to taking immediate action to reduce greenhouse gas emissions from the production and use of fossil energy, and in particular methane emissions. We argue that reducing methane and other greenhouse gas emissions from the fossil energy sector improves energy security by reducing routine, avoidable flaring, venting and leakage that wastes natural gas. We also note that these measures will improve health outcomes by removing black carbon and other related air pollutants.

We encourage fossil energy importers to take action to reduce methane emissions from their energy use, which can drive emissions reductions across the value chain, and we encourage fossil energy producers to implement projects, policies and support measures to reduce emissions from fossil fuels . energy operations.

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We call for global action to reduce methane emissions from the fossil energy sector as much as possible to limit warming to 0.1°C by mid-century, in line with the International Energy Agency’s findings on full deployment of technical technologies. reduce warming in the short term.

We reaffirm the call for action on the 2030 Global Methane Commitment. reduce anthropogenic and collective methane emissions by at least 30% compared to 2020 level as the main strategy to reduce warming in the near term and maintain the 1.5 °C target potential. in percent. We recognize that the fossil energy sector must take the lead in rapidly reducing methane emissions due to the abundance of technically feasible and cost-effective mitigation measures in the fossil energy sector, as required by the Global Methane Pact Energy Pathway.

Recognizing the urgent need to reduce emissions from fossil energy value chains, we are committed to an international fossil energy market that minimizes combustion, methane and carbon dioxide emissions throughout the value chain as well as reducing energy consumption. fossil fuel. We support the development of frameworks or standards for fossil energy suppliers to provide buyers with accurate, transparent and reliable information on methane and carbon dioxide emissions related to their value chains.

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We will support domestic and international action to reduce emissions across the fossil energy value chain, including:

Adopt policies and measures to rapidly and sustainably reduce methane and carbon dioxide emissions along the entire fossil energy value chain:

Adopt policies and measures to eliminate routine venting and flaring and conduct regular leak detection and repair campaigns during oil and gas exploration, production and downstream operations.

Adopt policies and measures to capture, use or destroy methane in the coal sector to the extent possible, including pre-mine drainage, coal mine methane destruction and airborne methane destruction.

Develop measures to require or strongly encourage reductions in greenhouse gases associated with fossil energy imports.

Adopt policies and measures to support reliable measurement, monitoring, reporting and verification of methane emissions in the fossil energy sector and ensure transparency of related data:

Adopt policies and measures to improve the accuracy of methane emissions data and emphasize the need to strengthen GHG inventories, including better data availability and direct measurements at the source level of gas and oil, in order to transition to higher IPCC levels. emission estimation methods based on direct measurements, random sampling, emission factors and other methods approved by government agencies and improving monitoring, reporting and verification mechanisms as new data become available.

Support systems or standards to improve the accuracy, availability and transparency of fossil energy methane emissions and emission intensity data at the commodity, portfolio, jurisdictional and country levels, including consideration of acceptable protocols such as the Oil and Gas Methane Partnership Standard 2.0. tools such as independent verification that can support reliable data collection and reporting.

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Support international efforts to improve the measurement, monitoring, reporting and verification of methane emissions and ensure transparency of relevant data, including through cooperation with the UN Environment Programme, the International Methane Emissions Observatory and other multilateral partners.

Improve the quality of data on fossil energy methane, including abandoned wells and mines, non-commercial operations or unused infrastructure.

Strengthening alliances to reduce methane and carbon dioxide emissions in internationally traded fossil fuel value chains:

Engage public, municipal and private fossil energy producers and buyers to use contracts and other measures as appropriate to improve methane and carbon dioxide emissions from traded fossil energy resources, including efforts to reduce methane and others. of greenhouse gases per unit of supplied energy.

Encouraging companies to participate in the implementation of the Oil and Gas Methane Partnership Standard 2.0.

Mobilizing technical assistance and funding to reduce methane and carbon dioxide emissions in the fossil energy sector:

Increase the provision of technical assistance and investment to reduce methane and carbon dioxide emissions in the fossil energy value chain.

Develop financial instruments and harmonize financial standards to help reduce methane and carbon dioxide emissions in the fossil energy sector.

End of text. Policies and measures to rapidly and sustainably reduce methane and carbon emissions across the value chain

For press inquiries, contact [email protected]

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