Latest Cop28 draft calls for ‘transition’ from fossil fuels

Latest Cop28 draft calls for ‘transition’ from fossil fuels

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The latest draft of the Cop28 global climate agreement was released early on Wednesday morning after more than 24 hours of silence while negotiators wrangled over the future of fossil fuels.

The new text directly addresses fossil fuels, a key demand from this year’s climate summit, and calls on parties to “transition away” from their use “in this critical decade”.

However the text has dropped the call for “phase out” or “phase down” of fossil fuels as more than 100 countries have called for, and was included as options in earlier text.

The draft will not become final without consensus from all countries.

The text also calls for:

  • The document calls for “transitioning away from fossil fuels” in this decade, in a “just, orderly and equitable manner” keeping the net zero goals of 2050 in mind;
  • Tripling renewable energy capacity globally by 2030;
  • “Phasing down unabated coal”;
  • “Accelerating zero and low emissions technologies” including renewables, nuclear, abatement
  • “Phasing out of inefficient fossil fuel subsidies that do not address energy poverty or just transitions, as soon as possible”

This is breaking news and this article is being updated

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