"You Collect, We Buy" Scheme

In a statement made at COP28 in Dubai, the President of the European Commission announced the development of a roadmap for the global rollout of the "You Collect, We Buy" scheme in advance of COP29. This initiative, which is currently being piloted bilaterally with Algeria, incentivises companies outside of the EU to capture and commercialise methane that would otherwise be emitted into the atmosphere through venting or flaring. Under the scheme, the EU offers political and financial support, along with technical assistance for companies to undertake the technology upgrades needed for methane capture and utilisation. 

Want to know more about this policy ? Learn more