OGCI Climate Investments announces investment call for projects reducing methane emissions
June 18, 2020
OGCI Climate Investments has launched a new program to finance or invest in projects around the world that deliver significant near-term methane emissions reduction.
This call seeks to invest in commercially and operationally viable projects that reduce methane emissions in oil and gas operations around the world. Successful project applications will demonstrate business models that can scale up, be replicated and encourage broader industry adoption. Owners, operators, service companies, project developers and solution providers are all welcomed to submit their project proposals for investment consideration.
The global warming potential of methane is 28 times that of CO2 over 100 years. OGCI Climate Investments is committed to driving significant reductions in methane emissions across the oil and gas value chain and through its new investment call, aims to accelerate impact by closing the capital availability gap that is hindering commercially viable projects.