Banga, Ajay2024-04-022024-04-022023-12-02https://hdl.handle.net/10986/41355These remarks were delivered by World Bank Group President, Ajay Banga at High Level Segment Summit on Methane at COP28 in Dubai, UAE on December 2, 2023. He started by mentioning about how Methane is 80 times more powerful than carbon dioxide in warming the planet, making it a major driver of climate change. He said that the frontier of methane reduction is one such area where the World Bank believes there are answers at their fingertips, and that is why the World Bank is taking action, scaling proven – and urgently needed – strategies that can decisively bend the methane emission curve. He mentioned that over the following eighteen months, as part of a blueprint for methane reduction, World Bank will help launch fifteen national programs that aim to slash methane emissions. He also added that the World Bank has been working with Germany, Norway, the United States, and the UAE alongside the private sector to expand our long-standing efforts to significantly cut methane emissions across the whole energy value chain. He highlighted on Methane is one rare, clear area where we know there are low-cost remedies, effective and simple solutions that can be replicated and scaled. He concluded by saying, we must act, and in doing so we can reduce emissions, enhance agricultural yields, and improve health outcomes all in one go.en-USCC BY 3.0 IGOCLIMATE CHANGEMETHANE EMISSIONSSpeechWorld Bank10.1596/41355