General
Name of initiative
|
Zero Routine Flaring by 2030
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LPAA initiative
|
No
|
NAZCA Initiative
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No
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Website address
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http://www.worldbank.org/en/programs/zero-routine-flaring-by-2030
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Related initiatives
|
|
Starting year
|
2015
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End year
|
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Secretariat
|
Zubin Bamji, World Bank, e-mail: zbamji@worldbankgroup.org
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Organisational structure
|
The World Bank organises the application process, reaches out to potential new participants and is involed in monitoring.
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Geographical coverage
|
|
Name of lead organisation
|
World Bank
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Type of lead organisation
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International organisation
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Location/Nationality of lead organisation
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United States of America
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Description
Description
|
This “Zero Routine Flaring by 2030” initiative (the Initiative), introduced by the World Bank, brings together governments, oil companies, and development institutions who recognize the flaring situation described above is unsustainable from a resource management and environmental perspective, and who agree to cooperate to eliminate routine flaring no later than 2030. The Initiative pertains to routine flaring and not to flaring for safety reasons or non-routine flaring, which nevertheless should be minimized. Routine flaring of gas is flaring during normal oil production operations in the absence of sufficient facilities or amenable geology to re-inject the produced gas, utilize it on-site, or dispatch it to a market. Venting is not an acceptable substitute for flaring.
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Objectives
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In this initiative, 9 countries, 10 companies and 6 international organisations, together covering 40% of the global gas flaring, promise to end the practice of routine gas flaring at their oil production sites by 2030 at the latest.
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Activities
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The Initiative aims to stimulate the right environment of cooperation between all stakeholders so that economic solutions are found through appropriate regulation, application of technologies, and financial arrangements. Oil companies and governments will ensure that new oil fields will be developed without routine flaring. They will proactively address the ongoing "legacy" flaring to reduce or eliminate it at earliest opportunity. The initiative also reinforces the idea that governments, oil companies, and institutions all need to work together to eliminate routine flaring.
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One or two success stories achieved
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Monitoring and Impacts
Function of initiative
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Technical dialogue, Capacity building, Political dialogue, Implementation
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Activity of initiative
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Awareness raising and outreach, Knowledge dissemination and exchange, Knowledge production and innovation, Training and education, Goal setting (ex-ante)
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Indicators
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Goals
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Comments on indicators and goals
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How will goals be achieved
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Have you changed or strenghtened your goals
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Progress towards the goals
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How are you tracking progress of your initiative
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Available reporting
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A government or oil company that endorses the “Zero Routine Flaring by 2030” Initiative will provide flaring data for first full calendar year after they have endorsed the Initiative.
First reporting will take place in 2017 for calendar year 2016.
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Participants
Participants
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Number
|
Names
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Members
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0
|
|
Companies
|
0
|
|
Business organisations
|
0
|
|
Research and educational organisations
|
0
|
|
Non-governmental organisations
|
0
|
|
National states
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0
|
|
Governmental actors
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0
|
|
Regional / state / county actors
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0
|
|
City / municipal actors
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0
|
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Intergovernmental organisations
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0
|
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Financial Institutions
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0
|
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Faith based organisations
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0
|
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Other members
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0
|
|
Supporting partners
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0
|
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Number of members in the years
|
|
Have only national states as participators
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No
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Theme
Transport
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Agriculture
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Forestry
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Business
|
Financial institutions
|
Buildings
|
Industry
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Waste
|
Cities and subnational governments
|
Short Term Pollutants
|
International maritime transport
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Energy Supply
|
Fluorinated gases
|
Energy efficiency
|
Renewable energy
|
Supply chain emission reductions
|
Adaptation
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Other
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Resilience
|
Innovation
|
Energy Access and Efficiency
|
Private Finance
|
No
|
No
|
No
|
No
|
No
|
No
|
Yes
|
No
|
No
|
Yes
|
No
|
No
|
No
|
No
|
No
|
Yes
|
No
|
No
|
No
|
No
|
No
|
No
|
Last update: 11 May 2022 14:07:40
Not only have national states as participators