Global methane initiative                                            

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Context: U.S. President Joe Biden announced the Global Methane Pledge, a U.S.–EU-led effort to cut methane emissions by a third by the end of this decade.

More about news:

• It will rapidly reduce the rate of global warming, and will also produce a very valuable side benefit, like improving public health and agricultural output.
• It will be mobilising support to help developing countries that join and pledge to do something significant.

Methane

• Methane is a greenhouse gas, which is 80 times more potent than carbon dioxide in terms of its global warming capacity.
• Approximately 40% of methane emitted is from natural sources and about 60% comes from human-influenced sources, including livestock farming, rice agriculture, biomass burning and so forth.

About Global methane initiative:

• The Global Methane Initiative (GMI) is a voluntary, international partnership that brings together national governments, private sector entities, development banks, NGOs and other interested stakeholders in a collaborative effort to reduce methane gas emissions and advance methane recovery and use as a clean energy source.
• As a public-private initiative, GMI creates an international platform to build capacity, development methane abatement strategies, engage in technology transfer, and remove political and economic barriers to project development for emissions reduction.
• India is a party of this initiative.

https://www.thehindu.com/news/international/biden-unveils-plan-to-cut-methane-emissions/article36529295.ece