TotalEnergies Announces $100m Commitment to Climate Investment at COP30
TotalEnergies has announced a $100 million commitment to Climate Investment’s Venture Strategy fund, which backs technologies that cut emissions across the oil
TotalEnergies has announced a $100 million commitment to Climate Investment’s Venture Strategy fund, which backs technologies that cut emissions across the oil and gas value chain.
The French oil major, a member of the Oil and Gas Climate Initiative (OGCI) and of the Oil and Gas Decarbonization Charter (OGDC), made the announcement during the United Nations Climate Change Conference (COP 30) taking place in Belém, Brazil, according to a statement on Friday.
Climate Investment is now a partner of the OGDC under a memorandum of understanding signed on July 14, 2025. As such, Climate Investment will provide OGDC signatories with insights that can help them on their decarbonization path, within the scope of the OGDC Charter.
Climate Investment, which has been launched as an initiative of OGCI in 2015, has deployed hundreds of millions of dollars across 46 early and growth stage investments in methane detection and abatement, carbon capture and energy efficiency. The cumulative GHG impact delivered by the portfolio is 133 Mt CO2e since 2019.
TotalEnergies has been a member of OGDC since its launch during COP28 and our Company’s Chairman and CEO is one of the three champions of this initiative, together with Sultan Al Jaber, ADNOC CEO and Amin Nasser, Saudi Aramco CEO.
TotalEnergies is sharing its AUSEA technology with several national oil companies to strengthen methane detection and measurement, complementing its OGMP 2.0 Gold Standard status and the rollout of continuous detection on operated upstream assets. In parallel, technologies backed by Climate Investment are already delivering in the field; for example, Qnergy’s instrument-air pneumatics have replaced gas-driven devices on approximately 400 pads in the Barnett field.
TotalEnergies’ commitment to Climate Investment will help to scale proven solutions for the benefit of the OGDC community. Through this, we move as one industry – backing innovations that reduce emissions on site – and enabling other operators adopt them quickly, said Patrick Pouyanné Chairman and CEO of TotalEnergies. Innovation in decarbonization must be a shared journey and we will move faster together. I invite other IOCs and NOCs to join us through Climate Investment’s venture strategy.
At Climate Investment, our mission is to invest in decarbonization technologies that underpin the next generation of global infrastructure. Through our venture investment strategy, we identify and scale solutions for heavy industry—helping create operational value for asset owners and deliver measurable greenhouse gas reductions, said Dr. Pratima Rangarajan, CEO, Climate Investment. We welcome TotalEnergies’ continued commitment to Climate Investment and, through our OGDC partnership, look forward to scaling decarbonization technologies across the oil and gas sector.
