Published

November 10, 2022

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WASHINGTON, D.C. — The U.S. Chamber of Commerce and American Chamber of Commerce in Egypt announce support for the Global Methane Pledge:

"This collective effort to reduce global methane emissions 30 percent below 2020 levels by 2030 is a model for effective international collaboration on climate solutions. With more than 100 countries now committed to this goal and our respective governments leading efforts on Pledge implementation at COP27, the opportunity to catalyze global action and build momentum for progress on methane has never been greater.

"We are committed to working with our membership, our governments, and other organizations leading international methane reduction initiatives to advance the technical and policy work necessary to achieve the objectives of the Pledge. We recognize this requires collaboration across all methane-emitting sectors and must be done in a manner that addresses heightened concerns associated with energy supply, reliability, and affordability, as well as food security and economic development in both the developed and developing world. The unique role of ever-cleaner natural gas is particularly important to these efforts given its potential to replace higher-emitting sources, enhance energy security and facilitate accelerated deployment of other clean energy resources such as hydrogen and renewables. Ultimately, with strong political leadership underpinned by technical and financial resources and an effective partnership between government and the private sector, we can help make these ambitious goals a reality. We look forward to helping make the Global Methane Pledge a success."