Around 140 bcm of natural gas is flared globally each year. This is a major source of CO₂ emissions, methane and black soot, and is damaging to health. In 2022, the volume of gas flared worldwide fell by around 5 billion cubic meters (bcm) to 139 bcm (about 3% reduction). Flaring resulted in 500 Mt CO₂ equivalent annual GHG emissions in 2022. Around 70% of gas flared goes to flares that operate on a near continual basis. In the Net Zero Emissions by 2050 (NZE) Scenario, all non-emergency flaring is eliminated globally by 2030, resulting in a 95% reduction in flared volumes and avoiding 365 Mt CO₂-eq. 

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