Colombia climate conference highlights lack of financing for shift from fossil fuels
More than 50 countries are meeting to draft road maps and financing tools for a managed fossil-fuel phaseout as energy shocks expose supply risks.
- On Friday, more than 50 countries convened in Santa Marta, Colombia, to establish a dedicated political space for the managed decline of coal, oil, and gas.
- Mounting impatience with the slow pace of United Nations climate negotiations spurred Colombia and the Netherlands to form this 'coalition of the willing' after previous summits failed to produce concrete phaseout agreements.
- Alongside state delegations, more than 1,500 civil society participants are attending, with a parallel 'People's Summit' involving more than 900 organizations ensuring grassroots voices influence official outcomes.
- The conference opened amid a severe global oil shock triggered by the war in Iran, with the International Energy Agency reporting supply fell 10.1 million barrels per day in March, calling it 'the largest disruption in history.'
- While participants seek to create policy certainty for clean energy investments, EU climate commissioner Wopke Hoekstra noted that the world's three largest greenhouse gas emitters—China, the U.S., and India—remain absent from the discussions.
127 Articles
127 Articles
Experts and NGOs from 50 countries met in Santa Marta, Colombia, at the first Conference on the Transition to Abandon Fossil Fuels
KHQ Right Now
Exiting fossil fuels key to energy security: nations at Colombia talks
The first global talks on phasing out fossil fuels kicked off in Colombia on Tuesday with nations casting an exit from oil and gas as not just a climate priority but vital for energy independence.
The First International Conference to Transition Away from Fossil Fuels Begs a Salient Question, What Exactly Can More Documents Do to Confront the Climate Crisis?
The First Conference on Transitioning Away from Fossil Fuels produced a People's Declaration. The relevant question is not what it says, but what comes next.
The energy crisis caused by the war in the Middle East gives a second breath to this unprecedented meeting held in Santa Marta from 24 to 29 April. The flight of oil prices reminds countries of the inevitable energy transition.
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