Meredith Block

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

Sustainable investment is increasingly becoming a priority for financial institutions, and it is imperative that the oil and gas industry understands the criterium from which they are assessing viable investment opportunities. In this session, financial leaders and investors will come together to discuss the multifaceted relationship between financial investment and methane abatement. Attend this session to learn:

• How the technology landscape is shifting and what do technological advances allow external stakeholders to do in terms of assessing operator’s efforts
• Understand the significance of methane data management for companies and their investors and what the potential consequences are of poor data management in terms of environmental impact and financial risk
• Gain insights into what kinds of methane data investors are currently using and how these data points inform investment decisions? How do you see this evolving in the future?
• How are financial institutions making informed and responsible investment decisions, given the complex landscape of climate regulations and targets?