An Eye on Methane 2024 - Executive Summary

This document emphasises that man-made methane emissions are responsible for about a third of the Earth's current warming, so reducing them is the fastest and most cost-effective way to slow climate change in the near future. IMEO provides actionable data through advanced tools such as the Oil and Gas Methane Partnership 2.0 (OGMP 2.0), which sets global standards for transparency and metrological reporting, and the Methane Alert and Response System (MARS), which uses satellites and AI to detect over 1,200 major methane plumes. Despite robust data systems and more than 140 industry members, engagement remains low — only around 1% of MARS reports result in substantive action. The report also highlights overlooked opportunities for emissions reduction in the steel sector and emphasises the importance of integrating multiple data sources for effective policy. Full report is available at: https://wedocs.unep.org/handle/20.500.11822/46541