“A huge milestone in our industry recognition” – World Biogas Association says as the IEA Renewables Report 2023 dedicates a special section to biogas and biomethane
The World Biogas Association (WBA) has reacted with delight to the publication of the International Energy Agency Renewables Report 2023, which for the very first time, has dedicated an entire section of the report to the biogas and biomethane sector – highlighting its value in addressing energy security and climate change issues and other global challenges.
“This is a huge milestone for our industry”, commented Charlotte Morton OBE, WBA Chief Executive. “Not only does the IEA dedicate a significant number of pages to the role our industry can play as a solution to the world’s current economic and environmental crises, it anticipates the sector growth rate to accelerate from 19% in 2017-2022 to 32% in 2023-2028 as a result of impactful new policies being introduced in more than 13 countries in the past year.
This is welcome recognition of the growing contribution that biogas and biomethane can make towards the world’s economy and towards the fight against climate change – although the IEA states that an even higher pace of growth is required to meet the Net Zero objective for 2030.
Our sector would be particularly well placed to help meet the Global Methane Pledge commitments made by over 150 countries since its launch in 2021. Our research (1) has shown that fully deployed, the biogas and biomethane sector could deliver 50% of the Pledge. The IEA’s forecasts and growing commitment from world governments fills us with confidence that we can deliver on this potential.”
