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Fuel report
Nov 2025
Pledges to Progress 2025 Executive summary
At COP28, more than 50 of the world’s leading oil and gas companies launched the Oil and Gas Decarbonization Charter (OGDC), laying out a series of ambitions to achieve net zero operational emissions by 2050. As global methane and flaring emissions continue to rise, these ambitions are more important than ever to reduce energy waste and mitigate the harmful consequences of climate change.To support accountability and transparency, the International Energy Agency (IEA), the United Nations Environment Programme (UNEP) International Methane Emissions Observatory (IMEO) and the Environmental Defense Fund (EDF) set out a framework of 25 metrics to assess and track…
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Contributor
Daniel Morris
Clean Energy Lead, Climate Investment Funds. As the Senior Climate Change Specialist and Clean Energy Lead, he works with the Climate Investment Funds’ partners to help deliver transformational change in the energy systems of developing countries.Daniel’s 12 years of experience in working to build economic and policy solutions to the climate crisis are also derived from his previous roles as an Advisor to the US Executive Director of the World Bank and as a Policy Analyst in the US Treasury. In the latter position, he helped to execute the agency’s responsibilities related to the United States’ climate and energy agenda. Daniel has a Master’s degree in Environmental Science and Management, Political Economy of the Environment from the Bren School of Environmental Science at the University of California, Santa Barbara, and a Bachelor of Science degree in Environmental Science from Northern Arizona University.
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Contributor
Ajay Mathur
Director General, The Energy and Resources Institute. Dr Ajay Mathur is Director General of TERI, The Energy and Resources Institute in New Delhi, and a member of the Indian Prime Minister’s Council on Climate Change. He previously served as Director General of the Indian Government’s Bureau of Energy Efficiency from 2006 to 2016.
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Fuel report
Nov 2025
Pledges to Progress 2025 Summary of results
The Turning Pledges into Progress framework contains a total of 25 metrics in three categories: 1) target setting (“Targets”), 2) strategies for implementation (“Strategies”), and 3) disclosure and reporting (“Disclosure”). Target setting comprises six metrics related to emissions reductions and investment in clean energy. All the signatories to the Oil and Gas Decarbonization Charter (OGDC) are assumed to have the aim of achieving these targets. Strategies for implementation comprise eight metrics that describe steps companies can take to achieve these targets; and disclosure and reporting comprises 11 metrics allowing stakeholders to assess how companies publicly report information relevant to achieving the OGDC goals…
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Contributor
Nadhilah Shani
Head of Power Generation and Interconnection Department, ASEAN Centre for Energy.
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Contributor
Tim Gould
Chief Energy Economist. Tim Gould was appointed the Agency's Chief Energy Economist in 2021. As Chief Energy Economist, he provides strategic advice on energy economics across a wide range of IEA activities and analysis. Mr Gould is also Head of the Office of the Chief Energy Economist, in which capacity he co-leads the World Energy Outlook, the IEA's flagship publication series, and oversees the Agency's work on investment and finance, including the World Energy Investment report.Mr Gould joined the IEA in 2008, initially as a specialist on Russian and Caspian energy, and in recent years has designed and directed a wide range of IEA analytical outputs, while continuing to contribute also as an author. Prior to joining the IEA, Mr Gould worked on European and Eurasian energy issues in Brussels and has ten years of experience in Eastern Europe, primarily in Ukraine. He graduated from Oxford University and has a post-graduate diploma from the School of Advanced International Studies of J...
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