The International Gas Union Calls for Clarity on the Role of Market Instruments for Renewable Gases

The International Gas Union (IGU) has co-signed an Open Letter addressed to the GHG Protocol, calling for the recognition of green gas as part of a global effort to accelerate the decarbonisation of corporates and industries.

“Let Green Gas Count” calls for clarity on the role of market instruments for renewable gaseous fuels in the Greenhouse Gas (GHG) Protocol. To fully unlock the potential of low-carbon green gas solutions, the Protocol must evolve to reflect the role of robust market instruments, as the guidance that previously provided a necessary investment certainty on the renewable gas market has been withdrawn.

IGU’s Director for Strategy and Advocacy, Mr Mark McCrory, commented on IGU’s decision of co-signing this Open Letter that “the global gas industry is already rising to the decarbonisation challenge, innovating and collaborating to develop lower-carbon technologies – including renewable gaseous fuels. Creating the right market signals for investors will be critical in deploying these technologies at scale. The IGU therefore believes that the GHG Protocol must fully recognise established market-based instruments such as renewable gas certificates to provide clarity to investors and drive the decarbonisation of industry and corporates.”

Consequently, IGU is asking the GHG Protocol to:

1) Adopt a market-based approach for renewable gases in Scope 1 Inventory, for both fuel and feedstock applications. This approach could be part of the dual-reporting structure which includes both the location-based and market-based approach.

2) Issue an Interim Statement in the first half of 2025 confirming that robust market instruments will be recognised in GHG inventories, offering clarity and confidence for stakeholders as final standards are being developed.

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For further information, please contact ella.minty@igu.org - Communication Director or Neill.Tannock@igu.org - Senior Policy Advisor. Tel. +44 7551 791 753.

The IGU is the spokesperson of the global Gas industry, with members in over 80 countries, covering over 90% of the global gas market across every segment of the value chain, from the supply of natural and decarbonised gas, renewable gas and hydrogen, through to their transmission and distribution, and all the way to the point of use.

The IGU organises the world’s leading international Gas events, including the World Gas Conference (WGC2025), the International Conference and Exhibition on Liquefied Natural Gas (LNG2026), and the International Gas Research Conference (IGRC2027) series.

The IGU also publishes the global Gas industry’s annual flagship reports: Wholesale Gas Price Survey, World LNG Report and the Global Gas Report.

The IGU is a not-for-profit membership organisation, registered in Vevey, Switzerland. IGU’s Secretariat is based in London, United Kingdom. IGU was established in 1931.