Mitigating methane emissions to accelerate the energy transition

The Global Decarbonisation Accelerator, launched at COP28, aims to speed up the energy transition and reduce global emissions via a series of key industry-based initiatives. The Oil and Gas Decarbonisation Charter (OGDC), which is part of the GDA, targets the elimination of routine flaring by 2030, achieving net-zero operational emissions by 2050, and reducing upstream methane emissions to near-zero. The OGDC also emphasizes the importance of engaging with customers, investing in future energy systems and increasing transparency in measurement and reporting.