- What is OGMP? A solution to the methane challenge
The Oil & Gas Methane Partnership 2.0 (OGMP 2.0) is the United Nations Environment Programme’s flagship oil and gas reporting and mitigation programme. OGMP 2.0 is the only comprehensive, measurement-based reporting framework for the oil and gas industry that improves the accuracy and transparency of methane emissions reporting.
This is key to prioritising methane mitigation actions in the sector. If you can’t measure it, you can’t fix it. This comprehensiveness allows us to track and compare progress and performance across companies.
- A core element of UNEP's International Methane Emissions Observatory
OGMP 2.0’s data is one of the key components of UNEP’s International Methane Emissions Observatory's solution to the methane data problem. IMEO exists to provide open, reliable and transparent data to the individuals with the agency to reduce methane emissions.
It is creating a groundbreaking database of empirically verified methane emissions. IMEO collects and integrates data from multiple sources, including company reporting through OGMP 2.0, satellites, scientific methane measurement studies, and national inventories.
IMEO is a core implementing partner of the Global Methane Pledge, an effort gathering over 150 countries to reduce global methane emissions by 30 per cent by 2030. In this role, IMEO empowers governments and companies to target strategic mitigation actions and identify science-based policy options.
- Why reduce methane?
Human-caused emissions of methane drive approximately one-third of current global warming. Methane is a powerful greenhouse gas with a Global Warming Potential of over 80 times that of carbon dioxide (CO2) over 20 years.
The oil and gas industry is the sector with the greatest potential for emissions reduction. An estimated 75 per cent of its methane emissions could be mitigated by 2030 with available technology – and a significant share could be reduced at little to no net cost, given the economic benefit of recovering otherwise wasted natural gas.
Reducing methane emissions from oil and gas production would slow the rate of global warming in the short term in a cost-effective and secure manner as efforts continue to decarbonize the energy system.
- History
The earlier version of OGMP 2.0 — OGMP — was launched by the Climate and Clean Air Coalition (CCAC), at the UN Secretary General’s Climate Summit in 2014 and was implemented by UNEP.
OGMP was ratcheted up in scope and ambition in November 2020 to become OGMP 2.0. UNEP, CCAC, the European Commission, the Environmental Defense Fund and 62 oil and gas companies launched the newest version of the partnership. OGMP 2.0 is a more ambitious and comprehensive reporting framework that fosters reporting of methane emissions and directly connects it to strategic mitigation actions.
OGMP 2.0 has set the standard for transparency of methane emissions reporting. Today, it is the most comprehensive reporting framework on methane emissions for the oil and gas sector. It provides a protocol to help companies systematically manage their methane emissions from oil and gas operations.