COP29: Major fossil fuel-producing countries commit funding, announce penalties to crack down on methane emissions

Published 18:13 on November 12, 2024  /  Last updated at 18:13 on November 12, 2024  / /  Africa, Americas, Asia Pacific, EMEA, South Korea, US

South Korea and the UK announced multimillion dollar funding commitments to support international efforts to reduce methane emissions, while the US launched a fine of over $1,000/tonne on excess production of the greenhouse gas from the fossil fuel sector on Tuesday.
South Korea and the UK announced multimillion dollar funding commitments to support international efforts to reduce methane emissions, while the US launched a fine of over $1,000/tonne on excess production of the greenhouse gas from the fossil fuel sector on Tuesday.


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