Zero Routine Flaring by 2030

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General

Name of initiative Zero Routine Flaring by 2030
LPAA initiative No
NAZCA Initiative No
Website address http://www.worldbank.org/en/programs/zero-routine-flaring-by-2030
Related initiatives
Starting year 2015
End year
Secretariat The World Bank

Zubin Bamji, Program Manager, e-mail: zbamji@worldbank.org Clare Murphy-McGreevey, Communications Officer, email: cmurphy-mcgreevey@worldbank.org

Organisational structure The World Bank introduced this global initiative through its management of the Global Gas Flaring Reduction Partnership (GGFR), a public-private partnership managed by the World Bank.
Geographical coverage Global
Name of lead organisation The World Bank
Type of lead organisation International organisation, Financial institution, Other intergovernmental organization, United Nations or Specialised agency
Location/Nationality of lead organisation United States of America

Description

Description The “Zero Routine Flaring by 2030” initiative, introduced by the World Bank, brings together governments, oil companies, and development institutions who recognize a 160-year-old oil industry practice must come to an end. During oil production, associated gas is produced from the reservoir together with the oil. Much of this gas is utilized or conserved because governments and oil companies have made substantial investments to capture it; nevertheless, some of it is wastefully flared because of technical, regulatory, or economic constraints. As a result, thousands of gas flares at oil production sites around the globe burn approximately 140 billion cubic meters of natural gas annually, causing more than 300 million tons of CO2 to be emitted to the atmosphere. Gas flaring contributes to climate change and impacts the environment through emission of black carbon and other pollutants. It also wastes a valuable energy resource that could be used to advance the sustainable development of producing countries. For example, if the amount of gas that is flared annually were used for power generation, it could provide about 750 billion kWh of electricity, or more than the African continent’s current annual electricity consumption.
Objectives Governments and oil companies that endorse the Initiative commit to (a) not routinely flare gas in new oil field developments and (b) to end routine flaring in existing (legacy) fields as soon as possible and no later than 2030.
Activities 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. The initiative also reinforces the idea that governments, oil companies, and institutions all need to work together to eliminate routine flaring. The Global Gas Flaring Reduction Partnership (GGFR) is now actively supporting and providing technical assistance to the governments of Ecuador, Egypt, Indonesia, Iraq and Nigeria with their regulatory frameworks, gas monetization, and gas flaring reduction programs.
One or two success stories achieved

Monitoring and Impacts

Sustainable Development Impact:
E SDG goals icons-individual-rgb-07.png   E SDG goals icons-individual-rgb-09.png   E SDG goals icons-individual-rgb-11.png   E SDG goals icons-individual-rgb-12.png   E SDG goals icons-individual-rgb-13.png   E SDG goals icons-individual-rgb-15.png   E SDG goals icons-individual-rgb-17.png  
Function of initiative Technical dialogue, Capacity building, Political dialogue, Implementation
Activity of initiative Awareness raising and outreach, Knowledge dissemination and exchange, Knowledge production and innovation, Training and education, Goal setting (ex-ante)
Indicators
Goal setting (ex-ante) — Total Mitigation
Year2030
Value (MtCO2e/yr)400
Goals
Comments on indicators and goals
How will goals be achieved
Have you changed or strenghtened your goals
Progress towards the goals As of November 15, 2019, 84 governments, oil companies and development institutions have endorsed the Initiative.
How are you tracking progress of your initiative Governments and oil companies that endorse the Initiative publicly report their flaring and progress towards the Initiative on an annual basis. They also agree to the World Bank aggregating and reporting the same. A government or oil company that endorses the “Zero Routine Flaring by 2030” Initiative will provide gas flaring data for first full calendar year after they have endorsed the Initiative. The flaring data will be posted for tracking purposes on the World Bank's “Zero Routine Flaring by 2030” Initiative website.
Available reporting 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.

Participants

Participants Number Names
Members 87  
Companies 40 BP (United Kingdom),Cairn Energy (United Kingdom),Ecopetrol (Colombia),Eni (Italy),Enterprise Tunisienne d’Activités Pétrolières - ETAP (Tunisia),Equinor (Norway),Frontier Oil Limited (Nigeria),Galp Energia (Portugal),Gazprom Neft (Russia),KazMunayGas (Kazakhstan),KazPetrol Group (Kazakhstan),Kuwait Oil Company (Kuwait),LUKOIL (Russia),MOL Group (Hungary),Niger Delta Petroleum Resources Ltd. (Nigeria),Nigerian National Petroleum Corporation - NNPC (Nigeria),Nile Petroleum Corporation (South Sudan),Oando Energy Resources (Canada),Occidental (United States),Oil India Limited (India)

OMV Group (Austria),ONGC (India),Pan Ocean Oil Corporation (Nigeria),Petroamazonas EP (Ecuador),Petrobras (Brazil),Petroleum Development Oman - PDO (Oman),Repsol (Spain),Saudi Aramco (Saudi Arabia),Seplat Petroleum Development Company (Nigeria),Seven Energy (Nigeria),Shell (united Kingdom),SOCAR (Azerbaijan),Societé Nationale des Hydrocarbures - SNH (Cameroon),Societé Nationale des Petroles du Congo (Congo),Sonangol (Angola),Sonatrach (Algeria),TOTAL (France),Uzbekneftegaz (Uzbekistan),Wintershall Dea (Germany),Woodside (Australia).

Business organisations 0
Research and educational organisations 0
Non-governmental organisations 0
National states 32 Angola,  Azerbaijan,  Bahrain,  California (USA),  Cameroon,  Canada,  Republic of Congo,  Denmark,  Ecuador,  Egypt,  France,  Gabon,  Germany,  Indonesia,  Iraq,  Kazakhstan,  Morocco,  Mexico,  Netherlands,  New Zealand,  Niger,  Nigeria,  Norway,  Oman,  Peru,  Russia,  Saudi Arabia,  South Sudan,  Turkmenistan,  Uzbekistan,  USA,  Western Australia.
Governmental actors 0
Regional / state / county actors 0
City / municipal actors 0
Intergovernmental organisations 15 African Development Bank (Ethiopia),  Agence Française de Développement (France),  Asian Development Bank (Philippines),  Asian Infrastructure Investment Bank (China),  CAF - Development Bank of Latin America (Venezuela),  East African Development Bank (Uganda),  ECOWAS Bank for Investment and Development (Nigeria),  European Bank for Reconstruction and Development (United Kingdom),  European Investment Bank (Luxembourg),  Inter-American Development Bank (USA),  Islamic Development Bank (Saudi Arabia),  OPEC Fund for International Development (Austria),  United Nations Sustainable Energy for All - SE4All (Denmark),  West African Development Bank (Togo),  World Bank Group (USA).
Financial Institutions 0
Other members 0
Supporting partners 0
Number of members in the years
2019
84
2020
87
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 Yes Yes No Yes No Yes No No No Yes No No No Yes Yes No
Last update: 21 August 2020 10:30:23

Not only have national states as participators