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Global Gas Flaring Tracker Report 2023

Global Gas Flaring Tracker Report 2023

Full Title: Global Gas Flaring Tracker Report 2023
Author(s): World Bank Global Gas Flaring Reduction Partnership
Publisher(s): World Bank Group
Publication Date: March 15, 2023
Full Text: Download Resource
Description (excerpt):

After a decade of little progress, global gas flaring volumes fell by around 3% in 2022. However, despite this welcome reduction, greater and sustained efforts are needed to end this wasteful and polluting practice. The growing sense of urgency in tackling global gas flaring is further fueled by an increased concern regarding the amount of methane emitted during flaring. This year, our Global Gas Flaring Tracker Report considers the ‘state of the science’ and the uncertainty surrounding methane destruction efficiency of flares. It draws the worrying conclusion that, globally, CO2 equivalent emissions due to flaring could be higher than previously estimated.

The global gas flaring estimates that we produce yearly allow us to better understand the evolving situation and what we—as a partnership of governments, companies, and multilateral organizations—must do to end routine gas flaring by 2030.  This year’s Global Gas Flaring Tracker Report, a leading global and independent indicator of gas flaring, finds that 139 billion cubic meters (bcm) of gas was flared at upstream oil and gas facilities across the globe in 2022. This wasted gas could displace dirtier sources of energy and increase energy access in some of the world’s poorest countries. Routine gas flaring also represents a lost opportunity to provide many countries worldwide with much needed energy security.

All statements and/or propositions in discussion prompts are meant exclusively to stimulate discussion and do not represent the views of, its Partners, Topic Directors or Experts, nor of any individual or organization. Comments by and opinions of Expert participants are their own.

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