The European Union (EU) is facing pressure to uphold its methane regulation amid the climate push from 42 institutional investors, with over €4.5 trillion in assets under management, which have warned that backtracking would undermine regulatory certainty and market stability, while also slowing progress on methane reduction and net zero goals.

According to the Institutional Investors Group on Climate Change (IIGCC), a letter, calling on the European Commission, European Parliament, and EU Member States to maintain and swiftly implement the EU Methane Emissions Regulation (EU MER) as adopted, has been signed by investors managing more than €4.5 trillion in assets, including Nordea Asset Management, Sampension, Miller/Howard Investments and Church of England Pensions Board.