As the UN climate talks are well underway, fossil fuel phase out and an agreement to triple renewable energy and double energy efficiency are top of the agenda. Today, ahead of finance day, transforming public finance institutions to free up billions of dollars that are available to pay for the just transition is also entering the conversation – as 200+ civil society groups today call on world leaders to use COP28 to overhaul global monetary, trade, tax, and debt rules, as well as international financial institutions like the World Bank and International Monetary Fund.Â
COP28
200+ civil society groups urge leaders at COP28 to transform public finance
Today 222 civil society groups from 55 countries sent an open letter calling on world leaders to transform international public finance to tackle climate change and deliver a just energy transition.
Oil Change International Responds to the Global Decarbonization Accelerator
The Global Decarbonisation Accelerator is a trojan horse for Big Oil and Gas greenwash. The Oil and Gas Decarbonization Charter is filled with hollow promises and recycled commitments that only address operational emissions, and ignore the 80-90% of oil and gas producing companies’ climate pollution from the oil and gas being burned.Â
Norway joins 40-signatory partnership to end international public finance for fossil fuels
Minutes ago, Norway joined a major international initiative to end international public finance for fossil fuels today at COP28, called the Clean Energy Transition Partnership.
U.S. Methane Announcements Fail to Address the Real Cause of Methane Pollution: Fossil Fuel ProductionÂ
Today, at the United Nations Climate Change Conference (COP28), the U.S. Environmental Protection Agency (EPA) announced its long-awaited methane rule that aims to curb the prolific emissions of methane associated with America’s decades-long fracked gas boom.Â
Open Letter: The World Needs A Transformational Outcome, Not More Voluntary Pledges
COP28 has the potential to be an historic moment in confronting the climate crisis. The COP28 Presidency has an opportunity to secure a transformational negotiated outcome, if it secures a robust negotiated energy package, including an unambiguous agreement to end all new oil and gas expansion, a clear call to equitably and rapidly phase out all fossil fuels, and a commitment to triple deployment of nature-positive and community-beneficial renewable energy and double energy efficiency.
Over 320 Organizations Reject the COP28 Presidency’s “Oil and Gas Decarbonization Charter”
Dubai, December 2, 2023 – A letter published today by over 320 organizations on six continents rejects “Oil and Gas Decarbonization Charter,” the COP28 Presidency’s upcoming flagship announcement at the United Nations Climate Change Conference. The Oil and Gas Decarbonization Charter is a voluntary pledge coordinated by the COP28 Presidency for oil and gas companies … Read More
Civil society reactions to Japanese Prime Minister Fumio Kishida’s speech at COP28
Today, at COP28 World Leaders’ Summit, Japanese Prime Minister Fumio Kishida said that unabated coal-fired power plants should be addressed within the context of each country’s own pathway to net-zero. He also highlighted Japan’s support of the “Asia Zero Emission Community and said Japan will help increase the World Bank and ADB’s lending capacity by … Read More
Oil Change International response to IEA and COP28 Presidency call to immediate action on fossil fuels
Today, COP28 President Dr. Sultan Al Jaber and Dr. Faith Birol, Executive Director of the International Energy Agency (IEA) published the summary of the high-level dialogues that they have co-hosted in the lead up to COP28.
Media Advisory: Community Leaders Urge USA to End Fossil Fuels, Deliver Environmental Justice
As the U.S. government arrives in Dubai for the UNFCCC COP28 climate summit, frontline communities, youth, and civil society are planning to confront the Biden-Harris administration’s oil and gas expansion and urging a rapid fossil fuel phaseout.Â