A group of 50 organizations including the International Energy Agency and the Climate Bonds Initiative has set up a scheme to fund oil and gas companies committing to methane emission reduction, Bloomberg reported, noting the funding will take the form of so-called transition bonds. The group will release its recommendations on the idea at the next COP event and illustrate it with two demonstration deal, the report said, citing Climate Bonds Initiative chief executive Sean Kidney. Regulators have started paying a lot more attention to methane emissions…
