US, EU line up over 20 more countries for global methane pact | The Business Standard
Skip to main content
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Monday
May 19, 2025

Sign In
Subscribe
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
MONDAY, MAY 19, 2025
US, EU line up over 20 more countries for global methane pact

World+Biz

Reuters
11 October, 2021, 04:30 pm
Last modified: 11 October, 2021, 05:18 pm

Related News

  • US climate envoy Kerry meets China's VP, urges China to 'raise ambition'
  • US envoy John Kerry tells China to separate climate from politics
  • US, China envoys aim to revive climate diplomacy
  • US climate envoy Kerry outlines carbon offset initiative for developing nations
  • Some countries have resisted 1.5°C goal in COP27 text, US says

US, EU line up over 20 more countries for global methane pact

The nine original partners include Britain, Indonesia and Mexico, which signed on to the pledge when it was announced at the Major Economies Forum last month

Reuters
11 October, 2021, 04:30 pm
Last modified: 11 October, 2021, 05:18 pm
Methane bubbles are seen in an area of marshland at a research post at Stordalen Mire near Abisko, Sweden, August 1, 2019.REUTERS/Hannah McKay
Methane bubbles are seen in an area of marshland at a research post at Stordalen Mire near Abisko, Sweden, August 1, 2019.REUTERS/Hannah McKay

Two dozen countries have joined a US- and EU-led effort to slash methane emissions 30% by 2030, giving the emerging global partnership momentum ahead of its launch at the UN climate summit in Glasgow later this month, a government official told Reuters.

Nigeria, Japan and Pakistan are among the 24 new signatories to the Global Methane Pledge, which was first announced by the United States and EU in September with the aim of galvanizing rapid climate action before the start of the Scotland summit on October 31. It could have a significant impact on the energy, agriculture and waste sectors responsible for the bulk of methane emissions.

The nine original partners include Britain, Indonesia and Mexico, which signed on to the pledge when it was announced at the Major Economies Forum last month. The partnership will now cover 60% of global GDP and 30% of global methane emissions.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

US special climate change envoy John Kerry and European Commission Executive Vice President Frans Timmermans will introduce the new partners at a joint event on Monday and also announce that a dozen philanthropic organizations, including ones led by Michael Bloomberg and Bill Gates, will mobilize over $200 million to help support countries' methane reduction efforts, said the official, who declined to be named.

The source said the countries represent a range of different methane emissions profiles. For example, Pakistan's main source of methane emissions is agriculture, while Indonesia's main source of methane is waste.

Several countries most vulnerable to climate change impacts, including some African nations and island nations like Micronesia, have also signed the pledge.

In the weeks leading up to the UN climate summit, the United States will engage with other major emerging economy methane emitters like India and China to urge them to join and ensure the "groundswell of support continues," the official said.

'ONE MOVE LEFT'

Methane is a greenhouse gas and the biggest cause of climate change after carbon dioxide (CO2). Several recent reports have highlighted the need for governments to crack down on methane to limit global warming to 1.5 degrees C, the goal of the Paris climate agreement.

Methane has a higher heat-trapping potential than CO2 but breaks down in the atmosphere faster. A landmark United Nations scientific report released in August said "strong, rapid and sustained reductions" in methane emissions, in addition to slashing CO2 emissions, could have an immediate impact on the climate.

The United States is due to release oil and gas methane regulations in the coming weeks and the European Union will unveil detailed methane legislation later this year.

Larry Kramer, president of the William and Flora Hewlett Foundation, which contributed to the $200 million fund, told Reuters the money will "help catalyze climate action" and that reducing methane is the quickest way to help carry out the 1.5-degree goal.

Durwood Zaelke, president of the Washington-based Institute for Governance and Sustainable Development, said the partnership was a "great start" for focusing the world's attention on the need to slash methane.

"There's one move left to keep the planet from catastrophe — cutting methane as fast as we can from all sources," he said by email ahead of the announcement.

global methane pact / John Kerry

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Representational image of a self-employed individual. Photo: Unsplash
    Tk100cr fund for youth self-employment on the cards
  • Protesters block army vehicles inside the National Press Club in Dhaka on 18 May 2025. Photo: TBS
    Army assures fair review of ex-armed forces members’ demands under existing rules: ISPR
  • Illustration: Collected
    Unemployment rate hits historic high, rises to 4.63% as 27.4 lakh now jobless

MOST VIEWED

  • Chief Adviser Muhammad Yunus speaking after inaugurating the Microcredit Regulatory Authority building in the capital on 17 May 2025. Photo: CA Press Wing
    CA Yunus for establishing dedicated 'Microcredit Bank'
  • Representational image. Photo: TBS
    India halts import of Bangladeshi garments, processed foods via land ports
  • Infograph: TBS
    US-Bangladesh FTA talks begin, RMG may see major boost
  • Infograph: TBS
    How Bangladeshi workers lost $1.3b in remittance fees, exchange rate volatility in 2024
  • Infographic: TBS
    Semiconductor industry eyes $1b export by 2030, seeks govt backing, policy changes
  • Commerce Secretary Mahbubur Rahman. Photo: Courtesy
    Govt to withdraw mandatory radiation test this year: Commerce secy

Related News

  • US climate envoy Kerry meets China's VP, urges China to 'raise ambition'
  • US envoy John Kerry tells China to separate climate from politics
  • US, China envoys aim to revive climate diplomacy
  • US climate envoy Kerry outlines carbon offset initiative for developing nations
  • Some countries have resisted 1.5°C goal in COP27 text, US says

Features

PHOTO: Collected

Helmet Hunt: Top 5 half-face helmets that meet international safety standards

13h | Wheels
Photo: Collected

Simple accessories to extend the life of your luggage

13h | Brands
With a growing population, the main areas of Rajshahi city are now often clogged with traffic. Photo: Mahmud Jami

Once a ‘green city’, Rajshahi now struggling to breathe

1d | Panorama
Illustration: TBS

Cassettes, cards, and a contactless future: NFC’s expanding role in Bangladesh

2d | Panorama

More Videos from TBS

What is the source of power of billionaire global Muslim leader Agha Khan?

What is the source of power of billionaire global Muslim leader Agha Khan?

6h | Others
News of The Day, 18 MAY 2025

News of The Day, 18 MAY 2025

9h | TBS News of the day
Arab League allies in Baghdad for Gaza

Arab League allies in Baghdad for Gaza

6h | TBS World
India's ban on land-based imports of goods; is this a countermeasure?

India's ban on land-based imports of goods; is this a countermeasure?

7h | Podcast
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net