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Oil and Gas Climate Initiative

Description

The Oil and Gas Climate Initiative is a voluntary, CEO-led initiative which aims to lead the industry response to climate change.

Launched in 2014, OGCI is currently made up of ten oil and gas companies that pool expert knowledge and collaborate on action to reduce greenhouse gas emissions.

Its billion-dollar investment arm, OGCI Climate Investments, supports the development, deployment and scale-up of low emissions technology.

OGCI focuses its initiatives on areas where they believe they can make the most impact on greenhouse gas emissions now and remove obstacle to the development, deployment and scale-up of technologies needed to achieve long-term climate goals.

The organization collaborate and invest with others to bring scale and greater speed to emission reductions to the oil and gas value chain.