We launched a program to finance or invest in projects around the world that delivered significant near-term impact by deploying proven methods and technologies.
Project proposals included innovative solutions and business models in areas such as: Flare minimization, Venting elimination, Fugitives reduction and Complete combustion.
Why does this matter?
Over 20 years, the global warming potential of methane is 84 times that of CO2.
Methane is responsible for around 25% of today’s global warming.
(IPCC AR5, 2013)
What is the impact?
- We aim to accelerate the reduction of methane emissions by closing the capital availability gap that is hindering commercially viable projects.
- Successful demonstration of innovative business models will attract broader investor participation in future emission reduction projects.
Oil and gas operations created ~80Mt of methane emissions in 2019
(IEA Global Methane Tracker 2020)
Are you a company or a project
looking for investment?
We invest in solutions to decarbonize sectors like oil and gas, industrials and commercial transport. We look for outcomes that reduce methane and carbon dioxide emissions, and that can recycle or store carbon dioxide.