2 min read

Study: Achieving the Global Methane Pledge would bring US$1tn in annual savings

"The benefits consistently outweigh the costs under a wide range of scenarios."
Melodie Michel
Study: Achieving the Global Methane Pledge would bring US$1tn in annual savings
Photo by Odile on Unsplash

An economic assessment of global methane abatement has found that meeting the Global Methane Pledge to cut methane emissions by 30% by 2030 would result in US$1 trillion in annual savings.

In an academic study published this week in the journal Science, researchers demonstrate that, even using conservative assumptions about costs, “the benefit-cost ratio of methane action is at least three – rising to more than six when health co-benefits are included”. This means that methane action would pay for itself at least three, and up to six times over.

This post is for subscribers only