It’s Time to Sprint: Targeting Methane Emissions
Watch the Replay
It’s Time to Sprint: Targeting Methane Emissions
Methane’s short term potency poses a serious climate challenge and methane emissions are on the rise. In this high-level event the World Bank Group, other MDBs and private investors showcased current efforts and plans to expand their focus on methane emissions over the next few years.
00:00 Welcome! COP27 | Targeting Methane Emissions
00:29 Opening remarks
04:12 Visions from EIB on financing challenges
08:44 U.S. initiatives: Fast mitigation sprint
15:43 Visions from China and agriculture perspective
24:31 Visions from EBRD on financing mechanisms
31:47 Concluding thoughts
35:43 Animated video on targeting methane emissions
Great discussion at our @WorldBank #COP27 event on methane reduction with John Podesta, Xie Zhenhua, @OdileRenaud & @wernerhoyer.
— David Malpass (@DavidMalpassWBG) November 8, 2022
Solid consensus on the need for a fast mitigation sprint & encouragement for this urgent WBG climate action priority.
Watch: https://t.co/aDpbeqmopr pic.twitter.com/BtaSntjzV9
A @WorldBank Group Mitigation Sprint announced at #COP27 aims to bring more finance to tackle methane - a serious challenge for near-term climate change, with 30 times the warming power of CO2 over a period of 100 years after emissions. https://t.co/Stw31KlISl #ClimateActionWBG pic.twitter.com/BtnK6IyEzw
— World Bank (@WorldBank) November 8, 2022
COP 27 Decarbonization Day
Pathways to Low-Carbon and Climate-Resilient Development in China WATCH |
Achieving South Africa’s Low-Carbon, Climate-Resilient & Just Transition WATCH |
Let’s Get To Scale: Climate Finance for People and Planet WATCH |
It’s Time to Sprint: Targeting Methane Emissions WATCH |
Innovations for Climate Action: Uruguay’s Landmark Deal WATCH |
Coastal and Mangroves Management for Climate Resilience WATCH |
For a Green Future in the Sahel: Climate and Development Report WATCH |
Powering Africa and Promoting a Just Energy Transition WATCH |
Sustainable Development of Critical Minerals. WATCH |
Financing the Transition to Climate-friendly & Inclusive Transport WATCH |
Financing and Implementing Decarbonization – Practical Steps for Value Chain Transformation WATCH |
Just Transition Away from Coal: A Conversation on Lessons From South Africa, Europe, and South Asia WATCH |
Innovative Credit Structures to Scale Private Climate Finance WATCH |
Moving From Net Zero Strategies to Low-Carbon Development Policies and Investments WATCH |
Industrial Decarbonization in Egypt and Africa WATCH |
Decarbonizing Egypt Infrastructure: Challenges and Opportunities for Transport and Energy Transition WATCH |
“There are cost-effective measures to reduce methane. They are available and they need to be prioritized.”
— David R. Malpass, President, World Bank Group
“It's a giant share of the problem but a relatively limited amount of climate finance is going to this problem. And that's why it's important to change the dynamic.”
— John Podesta, Senior Advisor to the President for Clean Energy Innovation and Implementation, United States
“We must have innovative, new technologies because the conventional ones no longer apply.”
— Xie Zhenhua, Special Envoy for Climate Change, China
LEARNING RESOURCES
Publications & Reports
Read the Live Blog
While we wait, learn more about methane and the World Bank Group’s priorities at COP27: http://wrld.bg/QOta50Lx392
Learn more from our fact sheet: http://wrld.bg/A1KW50Lx3ww
Join us for a series of live events on climate change.
FEATURED EVENTS
Nov. 8: Climate Finance (SCALE)
Nov. 9: Country Diagnostic (CCDR)
Nov. 11: Just Transition Away from Coal
Nov. 14: Women and Climate Action
Nov. 15: Hydrogen for Development
Nov. 16: The Blue Economy
Nov. 16: Nature-smart economies
Nov. 17: Thriving Green Cities
...
Acting Now For a Safer Future
Learn how the World Bank works with its development partners amid a growing urgency to tackle the climate crisis.
VIDEOS
- How Can Countries Navigate Climate and Development Challenges?
PODCASTS
- From Coal to Clean Energy: Protecting People Through the Transition
- Climate Biz: A Podcast Series by IFC
NEWS
- Remarks by World Bank Group President David Malpass at the COP27 Climate Finance Event
Speakers
-
-
Senior Advisor to the President for Clean Energy Innovation and Implementation, United States
-
Special Envoy for Climate Change, China
-
-