SANTA MARTA, COLOMBIA — As the US and Israeli war against Iran puts oil at the centre of global concerns, a new intergovernmental coalition is seeking to accelerate the energy transition outside the UN’s climate change convention (COP) system, which has been trying – and failing – to phase out fossil fuels for three decades.
The coalition’s 57 members, who account for almost half of global GDP, met last week in the Colombian coastal city of Santa Marta for the First Conference on the Just Transition Away from Fossil Fuels, co-hosted by the governments of Colombia and the Netherlands.
Colombian President Gustavo Petro said the initiative was established after COP30 ended in November with no concrete resolution on phasing out the use of fossil fuels, which account for 75% of global greenhouse emissions. Since then, it has only been made more urgent by the oil crisis created by the Iran war.
