US EditionCountries 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.
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In Colombia, 57 Nations Chart A Path To A Future Without Fossil Fuels - CleanTechnica
The fossil fuel transition moved forward this week at a conference in Colombia that brought nations in search of solutions together. The post In Colombia, 57 Nations Chart A Path To A Future Without Fossil Fuels appeared first on CleanTechnica.
‘Historic breakthrough’: Colombia climate talks end with hopes for fossil fuel phaseout
Governments have been asked to develop national “roadmaps” setting out how they will end the production and use of fossil fuels, after a landmark climate meeting involving nearly 60 countries. The voluntary plans will form the bedrock of a new initiative to wean the world off coal, oil and gas,…
The very first 'alternative climate summit' on the end of fossil fuels in Colombia concluded last night. At the summit, a new scientific council was established to help countries move away from coal, oil, and gas. It was also agreed that a new edition will be held next year in the small island state of Tuvalu.
Countries end Colombia fossil fuel summit with a focus on next steps and financing
A first-of-its-kind international conference on moving away from fossil fuels wrapped up in Colombia on Wednesday with a clear message: the global conversation has shifted from whether to phase out oil, gas and coal to how to do it, with financing emerging as one of the biggest obstacles.
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