Global climate talks received significant momentum on April 24, 2024, when the head of the International Energy Agency stated that geopolitical disruptions to energy markets are accelerating the transition away from fossil fuels. The First International Conference on the Transition Away From Fossil Fuels opened in Santa Marta, Colombia, bringing together governments representing many of the world’s largest economies to develop a roadmap for phasing out oil, gas, and coal.
Fatih Birol, head of the International Energy Agency, stated in an interview with The Guardian that recent disruptions to oil and gas supplies have created permanent consequences for global energy markets. According to Birol, these market interruptions and resulting price spikes for energy and essential goods will turn countries toward renewable and more secure energy sources. The New York Times has described the IEA as “enormously influential” on the long-term energy plans of companies and investors worldwide.
Birol’s comments have drawn attention given the current US administration’s opposition to IEA positions. Chris Wright, the US energy secretary, has demanded that the IEA cease publishing its annual report on how countries could eliminate planet-heating gas emissions by 2050. The US provides approximately 14% of the IEA’s annual budget.
The Santa Marta conference, co-sponsored by the Netherlands, includes governments representing 10 of the 13 biggest global economies: Germany, the United Kingdom, California, France, Italy, Brazil, Canada, Spain, Mexico, and Australia. According to the conference organizers, the collective economic output of these nations exceeds that of the US and is double that of China. The gathering also includes hundreds of academics, climate and labor activists, business leaders, and indigenous peoples representatives.
Irene Velez Torres, environment minister of Colombia, stated that the conference represents “an alignment that is ready to act” after years of vetoes from petrostates against discussing fossil fuel phase-outs at UN climate summits.
The conference incorporates a science-based policy approach. Johan Rockstrom of the Potsdam Institute for Climate Impacts Research in Germany and Carlos Nobre, a senior scientist at the National Institute of Amazonian Research in Brazil, have assembled a panel of scientists to advise governments on effective policies for phasing out fossil fuels. Rockstrom noted that “a critical mass of 30 countries [is] already decarbonizing their economies, showing that it can be done.”
The Santa Marta conference concludes on April 29, 2024. A follow-up conference to refine implementation plans is scheduled for later in 2024. The conference’s results will inform discussions at the next UN climate summit in Turkey in November 2024.
The approach reflects lessons from the Paris Agreement of 2015, when countries pledged to limit global temperature rise to “well below” 2 degrees Celsius and aim for 1.5°C. According to the article, the resulting policy shifts led to reduced emissions projections from 4°C warming to 2.7°C over five years.