The following content is sponsored by Carbon Streaming Corporation.
The Briefing
- Almost half of net global warming comes from methane emissions—but only 2% of all climate financing goes towards its reduction.
- By 2030, 45% of anthropogenic methane emissions can be reduced with available, targeted solutions combined with additional measures that are aligned with development goals.
The Benefits of Reducing Methane Emissions
Methane is highly potent, capturing 84 times more heat than CO₂ in its first 20 years in the atmosphere.
In spite of these dangers, methane abatement receives a fraction of all climate financing. Based on an analysis from the Climate Policy Initiative, $110 billion in funding is needed annually, or about tenfold the amount spent today.
This infographic sponsored by Carbon Streaming Corporation looks at the benefits of mitigating methane emissions across key sectors.
The Benefits of Reducing Methane Emissions
The risk of methane emissions is substantial: it has contributed to nearly half of net global warming.
The good news is that future emissions can be cut significantly. Methane solutions that are currently available, combined with additional measures that target priority development goals, can cut 45% of human-caused methane emissions by 2030, equivalent to about 180 million tonnes per year (Mt/yr).
This translates into 0.28°C in avoided warming between 2040 and 2070 along with 255,000 premature deaths being avoided due to rising ozone concentrations.
Sector | Avoided Warming 2040 - 2070 | Avoided Premature Deaths due to Ozone Per Year | Avoided Crop Losses |
---|---|---|---|
Agriculture | 0.04°C | 40,000 | 4 Mt/yr |
(Read more...) |