OPEC and the Environment
The Organization of the Petroleum Exporting Countries (OPEC) has long advocated responsible stewardship of the environment. With the long-term outlook suggesting fossil fuels will continue to provide the bulk of global energy needs, and with the world increasingly requiring its energy to be cleaner and safer, OPEC recognizes that stakeholders everywhere have an important role to play in global environmental efforts.
With OPEC’s membership drawn from the world’s largest oil-producing developing countries, the Organization has a valuable perspective to share — based on the accumulated expertise of the impact of upstream and downstream activities on the natural environment. Member Countries — both individually and collectively — will continue to have a valuable role to play in environmental developments. Its formal position on today’s multi-faceted environmental challenges can be thought of in terms of the following priority areas.