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The Oil and Gas Climate Initiative (OGCI) is a group of 13 leading oil and gas companies that have come together to address the issue of climate change. The OGCI was founded in 2014 and is headquartered in London, United Kingdom.
The OGCI's mission is to accelerate the transition to a low-carbon energy system and to support the implementation of the Paris Agreement on climate change. To achieve this, the OGCI focuses on a range of activities, including investing in low-carbon technologies, supporting the development of carbon pricing mechanisms, and collaborating with governments, NGOs, and other stakeholders on climate-related issues.
The OGCI is made up of some of the largest oil and gas companies in the world, including BP, Chevron, ExxonMobil, Royal Dutch Shell, and Total. The organization is led by a chairman and a CEO, and it has a number of working groups that focus on specific areas of activity, such as technology, policy, and finance.
The OGCI is funded by its member companies and is known for its efforts to engage with a range of stakeholders on climate-related issues.
