Geneva: Cutting methane emissions is among the most cost-effective measures available to address climate change in the near term, a senior UN official said on Tuesday, welcoming renewed international attention on the fossil fuel sector.
According to Azerbaijan State News Agency, "The majority" of methane reductions in the fossil fuel industry can be achieved at little or no cost, stated Dario Liguti, director of the Energy, Housing and Land Management Division at the UN Economic Commission for Europe (UNECE). Liguti expressed support for the focus placed by UN Secretary-General Antonio Guterres on the fossil fuel industry, emphasizing that it is the sector where the most immediate gains can be realized.
Liguti explained that the UNECE has developed guidance, which has been tested by both governments and industry, aimed at reducing methane emissions in the oil and gas sectors as well as in both operating and abandoned coal mines. He highlighted that abandoned coal mines can continue to release methane for decades, indicating the necessity for sustained mitigation efforts.
He remarked on the importance of scaling up implementation by governments and industry, particularly in countries that are the top emitters and account for a significant portion of the problem. Liguti also stressed that climate action should incorporate a just transition approach to support workers and communities affected by these changes.
Liguti emphasized that a Just Transition approach should underpin all climate action, adding that UNECE is committed to expanding action through cooperation and practical tools developed by its expert group.