As COP30 opens, the Changing Markets Foundation said its Methane Action Tracker is the first interactive platform to monitor and compare agricultural methane emissions across both companies and countries.
The non-profit organisation which is dedicated to driving sustainable market change, revealed that the tracker uses maps, scorecards and rankings, to bring to life data from research and reports on the agricultural sector’s role in driving climate change. It said it allows users to see which nations, corporations and sectors are taking steps to cut emissions, and which ones are lagging.
The tool incorporates three elements, including a country tracker, which provides a global snapshot of agricultural methane action by 16 high meat and dairy producing and consuming countries as well as the EU, including Brazil and the US.
The second is a dairy and coffee company scorecard where 23 major dairy brands and coffeehouse chains – including are scored on their methane emissions accounting and reporting, targets and action plans, as well as reported methane emission reductions.
Lastly, there is supermarket retailer ranking in which 20 global food retailers are ranked in terms of the importance placed on methane in their climate strategies; their emissions reporting; environmental commitments and action plans; food waste and landfill levels; and the availability of protein alternatives.
Nusa Urbancic, CEO of Changing Markets said: “Our message is simple: methane matters. It’s both a super-heating gas harming our planet and our greatest opportunity to slow the climate crisis — if we act fast. Agriculture is the largest source of human-made methane emissions. But as our tracker shows the world’s biggest food companies and major meat- and dairy-producing countries are dragging their feet.
The tracker launches on the first day of COP30, hosted in Belém, Brazil, where world leaders are gathered to review progress on the implementation of the 2015 Paris Agreement.
“We’re launching this tracker today to tell governments in Belém: no more time to waste. We need to see urgent action on methane, with mandatory targets — now,” Urbancic added.
