The earlier version of OGMP 2.0 — OGMP — was launched by the Climate and Clean Air Coalition (CCAC), at the UN Secretary General’s Climate Summit in 2014 and was implemented by UNEP.
OGMP was ratcheted up in scope and ambition in November 2020 to become OGMP 2.0. UNEP, CCAC, the European Commission, the Environmental Defense Fund and 62 oil and gas companies launched the newest version of the partnership. OGMP 2.0 is a more ambitious and comprehensive reporting framework that fosters reporting of methane emissions and directly connects it to strategic mitigation actions.
OGMP 2.0 has set the standard for transparency of methane emissions reporting. It is, today, the most comprehensive reporting framework on methane emissions for the oil and gas sector. It provides a protocol to help companies systematically manage their methane emissions from oil and gas operations.
OGMP 2.0’s reporting framework requires companies to report their methane emissions from all sources at both operated and non-operated ventures across the value chain at an unprecedented level of accuracy and granularity.
It also offers them credibility to demonstrate actual reductions of methane emissions to industry stakeholders.