What is ogci ci? OGCI CI is unique… THE INITIATIVE: LOWER CARBON VIA COLLECTIVE ACTION & PARTNERSHIPS CLIMATE INVESTMENTS: DELIVERING LOWER CARBON VIA INVESTMENTS INVEST in innovative low-carbon technologies and solutions. IMPLEMENT our solutions with OGCI members and our external networkWhat is ongogci climate investments? OGCI Climate Investments was set up by members to catalyze low carbon ecosystems. This US$1B+ fund invests in technologies and projects that accelerate decarbonization in oil and gas, industry and commercial transport.What is the oil and gas climate initiative? The Oil and Gas Climate Initiative is a CEO-led initiative that aims to accelerate the industry response to climate change. OGCI member companies explicitly support the Paris Agreement and its aims.What is consensus in ogci? Consensus is defined as agreement between all OGCI active members minus one. The Executive Committee (Excom) is made up of representatives from each member company and is the second level of decision making. Excom proposes and delivers on the strategy agreed by the CEO Steering Committee.
Alongside other investment funds, OGCI Climate Investments has collaborated to develop such metrics. Project FRAME, the framework to assess future greenhouse gas emissions reduction, is focused on the assessment of impact from investments and we encourage other investors to join us to co-create this shared set of tools.