Regulatory developments include limited adoption of quantified targets (six countries) despite broad pledge participation, plus measures like the EU MRV regulation and US NSPS/EG rules, with potential delays; country actions include Denmark’s 2030 agricultural carbon tax and South Korea’s biogas targets.

Finance recommendations emphasize a US$127 billion annual funding need, with low-cost measures around US$2.5 billion annually and a remaining funding gap that could be bridged by repurposing existing public spending rather than new taxes.

The Global Methane Pledge, launched at COP26, now has over 150 participating countries representing about half of human-caused methane emissions and targets at least a 30% reduction by 2030 across six action areas.

The pledge aims for at least a 30% global methane reduction by 2030 from 2020 levels, with broad participation and several regions already setting quantified targets.

There is a funding gap to reach the US$127 billion annual need, though investments rose to US$13.7 billion in 2021–22; opportunities lie in scaling low-cost measures and rapid deployment of existing solutions.

The UNEP/CCAC Global Methane Status Report 2025 notes methane drives about one-third of current warming, emissions are rising, but 2030 projections are lower than earlier forecasts, underscoring the need for full-scale control measures.

Sector-specific findings show potential US$9 billion annual energy savings from methane capture in waste, and roughly US$98 billion annual MTFR costs in the energy sector.

The report argues that meeting pledge goals on methane could yield over US$330 billion in annual benefits, with MTFR costs around US$127 billion per year and potential energy and waste sector savings running into the billions.

If fully achieved, MTFR measures could cut warming by at least 0.2°C by 2050, with most measures being low-cost and capable of reducing about 109 Mt of methane annually.

Regulatory actions and compliance efforts are outlined, including US EPA methane standards for new and existing oil and gas facilities, EU rules for measurement, reporting, and verification, ongoing US policy debates, and New Zealand scrapping its agricultural emissions pricing plan.

Leaders highlight methane reduction as a fast health- and economy-boosting climate action and urge continued momentum across sectors and countries.

UNEP and Canadian officials stress methane cuts as rapid co-benefits for health and the economy, with a push to accelerate action to keep 1.5°C within reach.

The take-away is that progress exists but needs intensified action across energy, waste, and agriculture, backed by aligned policy, finance, and data to meet the pledge and maximize climate and health benefits.