The participation of national oil companies like ADNOC in OGMP 2.0 is critical, given that they represent roughly half of global oil and gas production. These companies have a powerful role to play in unlocking transparency and deploying real-world data to target methane reductions at scale. As progress depends on moving the needle on methane industry-wide, we look forward to members like ADNOC advocating for improved transparency and data quality among their peers. ADNOC achieved OGMP 2.0 Gold Standard Pathway status in 2022 and 2023, testifying to the presence of a credible and granular implementation plan, which outlines how the company plans to move all material assets to Level 4 and Level 5 reporting within the defined timelines. This transition towards measurement-based assessment is essential for unlocking methane mitigation. Next year will be a crucial reporting year for the company namely a transition from Gold Standard Pathway to Gold Standard Reporting, requiring the implementation of Level 4 measurements for all material operated assets and attempts at Level 5 reconciliation. Based on the quality of ADNOCs reporting, we are confident that the company is on the right pathway to comply with the highest standards and achieve Gold Standard Reporting in 2024. Giulia Ferrini OGMP 2.0 Programme Manager, UNEP Carbon capture and storage To accelerate our decarbonization efforts, we committed to doubling our carbon capture and storage (CCS) capacity to 10 mtpa of CO 2 by 2030. In September 2023, we announced a final investment decision (FID) to develop the Habshan CCS project, one of the largest Aniruddha Sharma Chair & Chief Executive Officer Carbon Clean Our collaboration with ADNOC represents a groundbreaking step in the pursuit of environmental sustainability and carbon neutrality within the industrial sector. By deploying Carbon Clean's modular CycloneCC technology, we are paving the way for a cleaner, more sustainable future, proving that economic growth and environmental stewardship can go hand in hand. in the Middle East and North Africa region. This pioneering CCS project will have the capacity to capture and permanently store 1.4 million tonnes of CO 2 per year within geological formations deep underground. We subsequently announced the FID to develop the Hail and Ghasha project, which aims to operate with net zero CO 2 emissions and will capture 1.5 million tonnes of CO 2 per year. More than 60 percent of the investment value of the entire project will flow back into the UAEs economy under ADNOCs In-Country Value program, reinforcing ADNOCs commitment to driving economic growth in the UAE. With Carbon Clean, a UK-based company specializing in industrial carbon capture innovation, we have deployed the worlds first cost-effective modular CycloneCC carbon capture unit in Abu Dhabi. CycloneCC technology is expected to save on time, capital and energy consumption compared to traditional carbon capture technology. 35 Energy for Life