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International Gas Union Calls for Clarity on the Role of Market Instruments for Renewable Gases
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Natural Gas World - Latest News
International Gas Union Calls for Clarity on the Role of Market Instruments for Renewable GasesThe International Gas Union (IGU) has co-signed an Open Letter addressed to the GHG Protocol, calling for the recognition of green gas as part of a global effort to accelerate the decarbonisation of corporates and industries.
“Let Green Gas Count” calls for clarity on the role of market instruments for renewable gaseous fuels in the Greenhouse Gas (GHG) Protocol.
To fully unlock the potential of low-carbon green gas solutions, the Protocol must evolve to reflect the role of robust market instruments, as the guidance that previously provided a necessary investment certainty on the renewable gas market has been withdrawn.
Creating the right market signals for investors will be critical in deploying these technologies at scale.
2) Issue an Interim Statement in the first half of 2025 confirming that robust market instruments will be recognised in GHG inventories, offering clarity and confidence for stakeholders as final standards are being developed.
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