Global Methane Initiative

COP28: Canada Daily Highlights - December 4, 2023

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Monday, December 4, 2023

The Minister attended the Fossil Fuel Subsidy Reform Forum, where he shared Canada's experience and leadership in phasing out inefficient fossil fuel subsidies.

Key Points: 
  • The Minister attended the Fossil Fuel Subsidy Reform Forum, where he shared Canada's experience and leadership in phasing out inefficient fossil fuel subsidies.
  • The Regulations are expected to reduce oil and gas methane emissions from 2012 levels by at least 75 percent by 2030.
  • Climate finance: Minister Guilbeault announced Canada's contribution of $34.2 million to the Global Environment Facility's Special Climate Change Fund (SCCF).
  • The CSA and France's space agency (CNES) highlighted the recent signing of the Space for Climate Observatory charter by Canada.

Minister Guilbeault announces Canada's draft methane regulations to support cleaner energy and climate action

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Monday, December 4, 2023

Today, the Honourable Steven Guilbeault, Minister of Environment and Climate Change, announced at the Global Methane Pledge Ministerial that Canada has published strengthened oil and gas methane regulations to cut emissions from this potent greenhouse gas.

Key Points: 
  • Today, the Honourable Steven Guilbeault, Minister of Environment and Climate Change, announced at the Global Methane Pledge Ministerial that Canada has published strengthened oil and gas methane regulations to cut emissions from this potent greenhouse gas.
  • During this event, John Kerry, the United States Special Presidential Envoy for Climate, highlighted that the United States recently finalized its own oil and gas methane regulations.
  • Putting in place broadly aligned rules across North America builds on collaboration on methane emissions that began in 2016.
  • – The Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources
    "Great to see Canada taking strong action to achieve deep reductions in oil and gas methane emissions, just as the US finalizes our own regulations.

Climate TRACE Unveils Open Emissions Database of More Than 352 Million Assets, Revealing Where Greenhouse Gases Are Rising and Falling Worldwide with Unprecedented Detail

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Sunday, December 3, 2023

DUBAI, UAE, Dec. 3, 2023 /PRNewswire-PRWeb/ -- Today, Climate TRACE published an inventory of unprecedented granularity that pinpoints nearly every major source of greenhouse gas (GHG) emissions around the world and provides independently produced estimates of how much each emits. Encompassing human-caused emissions from facilities — including power plants, steel mills, ships, and oil refineries — and other emitting activities — including fertilizer application, deforestation, and wildfires — Climate TRACE's expanded database now tracks GHG emissions from more than 352 million assets, a 4,400x increase compared to the number of assets covered by the inventory last year. All Climate TRACE data are free and publicly available to help enable action and accountability at the massive scale necessary for global progress.

Key Points: 
  • Major electric vehicle manufacturers Tesla and Polestar have already begun collaborating with Climate TRACE to enhance their emissions data on steel and aluminum suppliers.
  • Derived from satellites, other forms of remote sensing, and additional public and commercial data, Climate TRACE provides emissions data that are unreported in traditional inventories.
  • In fact, the majority of corporate emissions worldwide that are included in the Climate TRACE inventory are still not included in self-reported ESG databases.
  • They can pinpoint where to take action almost immediately," said former US Vice President and Climate TRACE co-founder Al Gore.

STUDY FINDS NYS COULD CUT METHANE EMISSIONS 15% BY PROCESSING ORGANIC WASTE IN ANAEROBIC DIGESTERS

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Thursday, November 30, 2023

NEW YORK, Nov. 30, 2023 /PRNewswire/ -- Expanding anaerobic digestion of New York's organic waste streams could cut the state's methane emissions 15% while improving public health and creating jobs, a new report by the NGO Energy Vision finds.

Key Points: 
  • NEW YORK, Nov. 30, 2023 /PRNewswire/ -- Expanding anaerobic digestion of New York's organic waste streams could cut the state's methane emissions 15% while improving public health and creating jobs, a new report by the NGO Energy Vision finds.
  • Cutting methane emissions is the most important lever for mitigating climate change in the next 5-20 years.
  • The report, " Putting New York's Organic Waste to Work ," shows organic waste accounts for one third of New York's methane emissions.
  • These ADs would get New York halfway to the Global Methane Pledge goal of cutting anthropogenic methane emissions 30% by 2030.

Minister Guilbeault leads the Canadian delegation to the UN Climate Change Conference (COP28) to push for ambitious climate action

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Monday, November 27, 2023

The Honourable Steven Guilbeault, Minister of Environment and Climate Change, is leading the Canadian delegation to the United Nations Climate Change Conference (COP28) in Dubai, United Arab Emirates, from November 30 to December 12, 2023.

Key Points: 
  • The Honourable Steven Guilbeault, Minister of Environment and Climate Change, is leading the Canadian delegation to the United Nations Climate Change Conference (COP28) in Dubai, United Arab Emirates, from November 30 to December 12, 2023.
  • We will work with partners on a new climate finance goal for 2025 and beyond and identify ways to better leverage private capital for climate solutions.
  • Led by Minister Guilbeault, Canada's delegation includes Catherine Stewart, Ambassador for Climate Change; Michael Bonser, Canada's Chief Climate Negotiator; and Jean-François Tremblay, Deputy Minister of Environment and Climate Change.
  • – The Honourable Steven Guilbeault, Minister of Environment and Climate Change
    COP28 is the 28th Conference of the Parties (COP) to the United Nations Framework Convention on Climate Change (UNFCCC), an annual conference that coordinates international efforts to address climate change.

Report: In Sharp Reversal, Climate Giving Flat in 2022

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Wednesday, November 1, 2023

SAN FRANCISCO, Nov. 1, 2023 /PRNewswire/ -- After record giving in 2021, philanthropic funding to slow climate change was stagnant from 2021 and 2022, with foundations and individuals giving an estimated $7.8 billion to $12.8 billion in 2022, according to the 2023 Funding Trends Report by ClimateWorks Foundation.

Key Points: 
  • While overall climate funding was flat, foundation funding for climate increased by 12% between 2021 and 2022 — significantly slower growth than the 45% increase in the previous year.
  • In the face of a challenging global economy, overall climate giving stayed flat, due in part to a 12% increase in foundation funding.
  • Key findings include:
    Between 2018 and 2022, foundation funding to mitigate climate change in Africa more than tripled, yet still represents only 6% of foundation funding for climate in 2022.
  • Funding for corporate accountability efforts has steadily increased in recent years, representing 4% of foundation giving to mitigate climate change in 2022.

The Government of Canada launches research fund to help prevent and divert food waste from Canadian landfills

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Friday, September 29, 2023

Municipal solid waste landfills are responsible for almost one‑quarter of Canada's methane emissions, which are generated when biodegradable waste decomposes.

Key Points: 
  • Municipal solid waste landfills are responsible for almost one‑quarter of Canada's methane emissions, which are generated when biodegradable waste decomposes.
  • Today, the Honourable Steven Guilbeault, Minister of Environment and Climate Change, announced the Food Waste Prevention and Diversion: Research and Capacity Building Fund.
  • This $570,000 Fund will help support local government research and capacity-building initiatives to prevent and divert food waste from landfills.
  • The Food Waste Prevention and Diversion: Research and Capacity Building Fund will continue to reduce and divert food waste from landfills, while strengthening food systems to ensure they remain sustainable for generations to come."

Beating 75 percent target for cutting oil and gas methane emissions is Canada's next challenge: Minister Guilbeault

Retrieved on: 
Wednesday, September 20, 2023

Cutting oil and gas methane emissions is one of the fastest and most cost-effective ways to combat climate change.

Key Points: 
  • Cutting oil and gas methane emissions is one of the fastest and most cost-effective ways to combat climate change.
  • The upstream oil and gas methane regulations will be published in draft form later this fall.
  • Canada's approach to cutting methane emissions from oil and gas activities will help fulfill its international Global Methane Pledge commitments.
  • The oil and gas sector is Canada's largest methane source, and today's announcement by Minister Guilbeault reflects the results of consultations conducted over the last nine months on the approach to driving further methane reductions from oil and gas activities.

Parsons Wins 5-Year Contract with King Abdullah Financial District Development and Management Company

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Wednesday, August 23, 2023

CENTREVILLE, Va., Aug. 23, 2023 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a 5-year contract by the King Abdullah Financial District Development and Management Company (KAFD DMC) for project and construction management services in Saudi Arabia’s prime business and lifestyle destination, the King Abdullah Financial District (KAFD).

Key Points: 
  • CENTREVILLE, Va., Aug. 23, 2023 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a 5-year contract by the King Abdullah Financial District Development and Management Company (KAFD DMC) for project and construction management services in Saudi Arabia’s prime business and lifestyle destination, the King Abdullah Financial District (KAFD).
  • It is the first vertical city solution in Saudi Arabia, comprising a 5-asset class mixed use living district, a key driver of Riyadh's economic ambitions and the world's largest LEED-certified mixed-use financial district.
  • KAFD is owned and managed by the King Abdullah Financial District Development and Management Company (KAFD DMC).
  • Parsons first began working with KAFD, a Public Investment Fund (PIF) subsidiary, in 2018 and has worked on several projects in and around the financial district since then.

Energy Management Systems Market worth $75.6 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, June 28, 2023

Energy management services are the core of energy management systems.

Key Points: 
  • Energy management services are the core of energy management systems.
  • The growth of technology has made building energy management systems critical for managing energy demand, particularly on major construction sites.
  • Based on the on-premise segment of energy management systems, the indoor type is estimated to be the largest and second–fastest growing segment in the global Energy Management Systems Market.
  • Based on the end-user industry segment of energy management systems, the power & energy type is estimated to be the second–fastest growing segment.