Difference between revisions of "Global Gas Flaring Reduction Partnership"

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Revision as of 10:01, 21 September 2018

General

Name of initiative Global Gas Flaring Reduction Partnership (GGFRP)
LPAA initiative No
NAZCA Initiative No
Website address http://www.worldbank.org/en/programs/gasflaringreduction
Related initiatives
Starting year 2002
End year
Secretariat World Bank
Organisational structure
Geographical coverage Global
Name of lead organisation World Bank
Type of lead organisation International organisation
Location/Nationality of lead organisation United States of America

Description

Description The World Bank's GGFR public-private partnership was launched at the World Summit on Sustainable Development in Johannesburg in 2002. GGFR supports the efforts of oil producing countries and companies to increase the use of associated natural gas and thus reduce flaring and venting, which wastes valuable resources and damages the environment.The World Bank Group has challenged oil producers to reduce flaring by another 30% by the end of 2017, to which GGFR partners agreed to make best efforts through an expanded program and results-focused approach.
Objectives The GGFR partnership is a catalyst for reducing wasteful and undesirable practices of gas flaring and venting through policy change, stakeholder facilitation and project implementation.
Activities GGFR partners have established a collaborative Global Standard for gas flaring reduction. This Global Standard provides a framework for governments, companies, and other key stakeholders to consult with each other, take collaborative actions, expand project boundaries, and reduce barriers to associated gas utilization.
One or two success stories achieved

Monitoring and Impacts

Function of initiative Technical dialogue, Political dialogue, Implementation
Activity of initiative Advocacy, Knowledge dissemination and exchange, Awareness raising and outreach, Technical operational implementation (ex-post)
Indicators
Technical operational implementation (ex-post) — Total Mitigation
Year2017
Value (MtCO2e/yr)18
Goals Reduction in CO2 emission from flaring.
Comments on indicators and goals The nearly 5 percent flaring decline in 2017: 5% of 350 MtCO2 = 18 MtCO2
How will goals be achieved
Have you changed or strenghtened your goals
Progress towards the goals WASHINGTON, July 17, 2018 – New satellite data released today shows a significant decline in gas flaring at oil production sites around the world in 2017, despite a half-percent increase in global oil production. The nearly 5 percent flaring decline begins to reverse years of increases in global gas flaring that started in 2010.

The data reveals about 141 billion cubic meters (bcm) of natural gas was flared in 2017, down from nearly 148 bcm in 2016. While Russia remains the world’s largest gas flaring country, it also saw the largest decline in flaring last year. Venezuela and Mexico also reduced their flaring significantly in 2017. In Iran and Libya there were notable increases in gas flaring.

The data was released by the Global Gas Flaring Reduction Partnership (GGFR), a World Bank-managed organization comprised of governments, oil companies, and international institutions working to reduce gas flaring. The U.S. National Oceanic and Atmospheric Administration (NOAA) and GGFR have developed the flaring estimates in cooperation with the University of Colorado, based on observations from advanced sensors in a satellite launched in 2012.

Gas flaring – the burning of natural gas associated with oil extraction – takes place because of technical, regulatory, and/or economic constraints. It causes more than 350 million tons of CO2 emissions every year, with serious harmful impacts from un-combusted methane and black carbon emissions. Gas flaring is also a substantial waste of energy resources the world can ill afford.

How are you tracking progress of your initiative
Available reporting

Participants

Participants Number Names
Members 34  
Companies 13 BP,Chevron,Eni,ExxonMobil,Kuwait Oil Company,Pemex,Qatar Petroleum,Shell,SNH (Cameroon),SOCAR,Sonatrach,Stato.l,Total
Business organisations 0
Research and educational organisations 0
Non-governmental organisations 0
National states 18 Alberta (Canada),  Algeria,  Azerbaijan,  Cameroon,  Republic of Congo,  France,  Gabon,  Indonesia,  Iraq,  Kazakhstan,  Khanty-Mansiysk (Russian Federation),  Kuwait,  Mexico,  Nigeria,  Norway,  Qatar,  United States of America,  Uzbekistan.
Governmental actors 0
Regional / state / county actors 0
City / municipal actors 0
Intergovernmental organisations 3 European Bank for Reconstruction and Development (EBRD),  European Union,  The World Bank.
Financial Institutions 0
Faith based organisations 0
Other members 0
Supporting partners 0
Number of members in the years
2018
34
Have only national states as participators No


Theme

Transport Agriculture Forestry Business Financial institutions Buildings Industry Waste Cities and subnational governments Short Term Pollutants International maritime transport Energy Supply Fluorinated gases Energy efficiency Renewable energy Supply chain emission reductions Adaptation Other Resilience Innovation Energy Access and Efficiency Private Finance
No No No No No No No No No No No Yes No No No Yes No No No No No No
Last update: 2 October 2019 12:50:03

Not only have national states as participators