{"id":14714,"date":"2023-12-13T11:24:02","date_gmt":"2023-12-13T11:24:02","guid":{"rendered":"https:\/\/www.esgtoday.com\/?p=14714"},"modified":"2023-12-13T11:24:04","modified_gmt":"2023-12-13T11:24:04","slug":"cop28-ends-with-agreement-to-transition-away-from-fossil-fuels","status":"publish","type":"post","link":"https:\/\/www.esgtoday.com\/cop28-ends-with-agreement-to-transition-away-from-fossil-fuels\/","title":{"rendered":"COP28 Ends with Agreement to Transition Away from Fossil Fuels"},"content":{"rendered":"\n
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Following a marathon overnight negotiating session, a final agreement was approved at the UN\u2019s COP28 climate conference in Dubai, which for the first time ever called for a global transition away from fossil fuels.<\/p>\n\n\n\n

While falling short of the ambition of some countries and environmental organizations to introduce a time-bound requirement to \u201cphase out\u201d fossil fuels, the negotiations, brokered by COP28 President, Dr. Sultan Ahmed Al Jaber managed to bridge the gap with energy producing nations, including Saudi Arabia, which had reportedly attempted to remove fossil fuel references from the text, and substantially strengthened the language from a draft proposal released on Tuesday evening, which had only listed fossil fuel reduction as an option to be considered by countries.<\/p>\n\n\n\n

The landmark agreement also marks a major step forward from prior COP deals<\/a>, which had only managed<\/a> to call for parties to accelerate efforts to \u201cphase down\u201d unabated coal use and inefficient fossil fuel subsidies.<\/p>\n\n\n\n

Specifically, the agreement calls for:<\/p>\n\n\n\n

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\u201cTransitioning away from fossil fuels in energy systems, in a just, orderly and equitable manner, accelerating action in this critical decade, so as to achieve net zero by 2050 in keeping with the science.\u201d<\/p>\n<\/blockquote>\n\n\n\n

Noting the milestone accomplishment, EU Commissioner for Climate Action Wopke Hoekstra in his remarks at the final COP28 plenary called the agreement \u201cthe beginning of the end of fossil fuels,\u201d adding in a social media post that the conference \u201csets in motion an irreversible, and accelerated transition away from fossil fuels.\u201d<\/p>\n\n\n\n

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This is the beginning of a new phase. This is the beginning of a phase out.

#COP28<\/a> sets in motion an irreversible, and accelerated transition away from fossil fuels.

Thank you friends, we have achieved what we set out to do.

My speech today\u27a1\ufe0f https:\/\/t.co\/cTFCkM3Phs<\/a> pic.twitter.com\/2D42zChDYD<\/a><\/p>— Wopke Hoekstra (@WBHoekstra) December 13, 2023<\/a><\/blockquote>