26/05/2022 - 18:57 3373

During the 26th session of the Conference of the Parties to the UN Framework Convention on Climate Change, an international initiative for a Global Commitment to Reduce Methane Emissions (Global Methane Pledge) was put forward.

The Global Methane Reduction Commitment is an initiative in which participants who join it agree to take voluntary actions to contribute to a collective effort to reduce global methane emissions by at least 30 percent by 2030 compared to 2020 levels.

Methane is the second most common substance in the atmosphere after carbon dioxide, which contributes to an increase in temperature. Methane retains 80 times more heat in the atmosphere than carbon dioxide. Today, about 120 countries have joined the initiative, accounting for 70% of the global economy and half of methane emissions.

In turn, Uzbekistan contributes to international efforts to combat global warming by joining this Initiative.

Today, within the framework of the First Uzbekistan International Poverty Reduction Forum, a ceremonial event was held on Uzbekistan's accession to the initiative of the Global Commitment to Reduce Methane Emissions.

Deputy Prime Minister - Minister of Economic Development and Poverty Reduction of the Republic of Uzbekistan Jamshid Kuchkarov conveyed the political commitment of President Shavkat Mirziyoyev to transition to a "green" economy and reduce methane emissions. In particular, the importance of the country's accession to the initiative of the Global Commitment to Reduce Methane, taking into account the impact of methane emissions on the climate, was noted.

It was also noted that in order to achieve the goals of this initiative, comprehensive actions will be taken in the country, focused on the energy, solid waste and agribusiness sectors based on close cooperation with international partners.

During the event, EBRD President Odile Renaud-Basso noted: “The targeted fight against methane emissions in Uzbekistan has a double effect. This is an important step towards agreement with the Paris Agreement and the possibility of obtaining economic as well as environmental benefits. For Uzbekistan, reducing greenhouse gas emissions and achieving the nationally set contribution target is a low-hanging fruit. Therefore, our support, both technical and financial, should help Uzbekistan to quickly reduce emissions by 2030”.

In turn, the Head of the Delegation of the European Union to Uzbekistan, Ambassador Charlotte Adrian, expressed the positive results of the implementation of initiatives for the transition to a "green" economy in Uzbekistan. Uzbekistan's accession to the commitment will give the country huge opportunities in achieving the goals of reducing negative emissions, as well as attracting "green" investment funds for the implementation of appropriate measures for the transition to a "green" economy.