Dominic Watson

The Methane Abatement Financing Taskforce is an initiative launched at COP 28, to develop criteria for scaling methane abatement financing in the Oil & Gas value chain among broad market participants. 

The Taskforce will develop criteria & recommend financing structures which are compelling to capital seekers and their investors, and in line with best practices to drive down emissions. MAFT seeks to develop guidance that can drive meaningful and verifiable methane reductions across the oil & gas industry. Special focus will be given to National Oil Companies in lower and middle income countries, where financing and technical capacity is often a hurdle to abatement. 

Stakeholder consensus on eligible criteria for methane-abating investments will be:

• Highly tailored to asset classes and deal structure types: 

Bonds, Private Credit & Direct Lending, Syndicated Loans, Securitized products Revolving Credit Facilities  

• Designed to accommodate the governance, technical capacity and capital structure of the issuer/counterparties:

EM/FM NOCs, DM/Well capitalized NOCs, IOCs, Independent E&Ps, Oilfield services Providers Multilateral Development Institutions., JVs, OPCOs, SPVs, Midstream Private equity O&G Investors

 Please join us for an update and workshop to discuss recent progress, and outstanding questions