Countries end Colombia fossil fuel summit with focus on next steps and financing
Delegates set up financing and labour working groups as the first conference focused on a fossil fuel phase-out ended without binding commitments.
- Over 50 nations gathered in Santa Marta, Colombia, this week for the International Conference on the Just Transition Away from Fossil Fuels, seeking to accelerate decarbonization outside the formal UN climate process.
- Organizers launched the summit to bypass UN stalemates, seeking a more flexible forum as the global energy crisis triggered by Middle East conflicts heightened the strategic necessity of transitioning away from fossil fuels.
- While major producers like the US and China remain absent, 55 participating countries are developing a voluntary 'roadmap' for energy transition, though experts warn developing nations need up to $2.4 trillion annually by 2030.
- Colombian Environment Minister Irene Velez Torres claimed the summit achieved 'big results,' with delegates outlining 12 potential actions including ending new fossil fuel extraction projects and tightening industry advertising regulations.
- Tuvalu and Ireland were named as co-hosts for next year's conference, signaling that momentum will carry forward and the initiative will extend beyond this first edition.
93 Articles
93 Articles
It’s Sinking In That Fossil Fuel Demand Won’t Grow Forever
A truck drives past an ADNOC Gas a subsidiary of the Abu Dhabi National Oil Company facility in Abu Dhabi on March 3. —Ryan Lim / AFP—Getty ImagesClimate activists, oil executives, atmospheric scientists, and investors are all trying to make sense of the same picture using completely different language and with vastly different priorities. And this week was a particularly striking example of this split screen. Policymakers and climate advocates …
Will Colombia summit kick-start the end of the fossil fuel era?
With progress at COP climate meetings stalling, 57 countries took part in the first of a new series of conferences aiming to develop roadmaps away from fossil fuels, but big emitters like China and the US were absent
How can we create a society that doesn't rely on fossil fuels? The first international conference aiming for a fossil fuel-free society was held in Colombia, South America, until the 29th. A gathering of like-minded countries, separate from the UN framework, it brought together 1,500 people, including representatives from 57 countries, experts, and civil society organizations…
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