Home / Environment / Oil and Gas

World Bank warns against rising global gas flaring, calls for regulations

Gas flaring is seen at the state-owned oil company PDVSA, in Punta de Mata, Venezuela April 5, 2023. (Photo: REUTERS/Leonardo Fernandez Viloria)

Sunayana Thawait

Published on 21st June 2024

Comments: 0

Recent satellite data gathered by the World Bank shows the amount of gas flared worldwide has increased, marking its highest level since 2019.

This led to an additional 23 million tonnes of carbon dioxide equivalent emissions, roughly equivalent to the emissions from approximately five million cars.

Comments: 0

EIB Funds Solar and Agrivoltaic Projects in Burgenland, Austria
COP29 Green Zone Highlights Sustainable Tourism and Climate Action Solutions
COP29: UN Sustainable Tourism Declaration Signed by 50+ Countries
MDBs Welcome G20 Endorsement of Reform Roadmap to Strengthen Global Development
Australia Commits $50 Million to Global Loss and Damage Fund at COP29

World Bank warns against rising global gas flaring, calls for regulations

Leave a Reply Cancel reply

News

High Emitting Sectors

Media

Company