The World Bank's GGFR public-private partnership was launched at the World Summit on Sustainable Development in Johannesburg in 2002. GGFR supports the efforts of oil producing countries and companies to increase the use of associated natural gas and thus reduce flaring and venting, which wastes valuable resources and damages the environment.
The GGFR partnership is a catalyst for reducing wasteful and undesirable practices of gas flaring and venting through policy change, stakeholder facilitation and project implementation.
GGFR partners have established a collaborative Global Standard for gas flaring reduction. This Global Standard provides a framework for governments, companies, and other key stakeholders to consult with each other, take collaborative actions, expand project boundaries, and reduce barriers to associated gas utilization.
The GGFR partners include: Alberta (Canada); Azerbaijan; European Union; Cameroon; Republic of Congo; France; Gabon; Indonesia; Iraq; Kazakhstan; Khanty-Mansiysk (Russian Federation); Kuwait; Mexico; Nigeria; Norway; Qatar; United States of America; Uzbekistan; BP;Chevron; Eni; Exxon Mobil; Kuwait Oil Company; Pemex; Qatar Petroleum; SNH (Cameroon); Shell; SOCAR; Sonatrach; Statoil; TOTAL; European Bank for Reconstruction and Development (EBRD); The World Bank