The China Mail - Nations gather for first-ever conference on fossil fuel exit

USD -
AED 3.673037
AFN 63.999892
ALL 80.977186
AMD 362.830155
ANG 1.790365
AOA 917.999844
ARS 1524.953906
AUD 1.439263
AWG 1.8025
AZN 1.698534
BAM 1.722428
BBD 2.015086
BDT 123.012972
BGN 1.683441
BHD 0.376952
BIF 2995
BMD 1
BND 1.277405
BOB 12.040458
BRL 5.1786
BSD 1.000454
BTN 95.892522
BWP 14.09417
BYN 3.010995
BYR 19600
BZD 2.012171
CAD 1.42275
CDF 2309.999448
CHF 0.83523
CLF 0.024658
CLP 973.639829
CNY 6.70475
CNH 6.709005
COP 3314.43
CRC 456.985341
CUC 1
CUP 24.01166
CVE 97.750022
CZK 21.56055
DJF 177.719792
DKK 6.597021
DOP 55.980195
DZD 133.838825
EGP 51.939199
ERN 15
ETB 163.421342
EUR 0.882515
FJD 2.24625
FKP 0.756991
GBP 0.75375
GEL 2.604982
GGP 0.756991
GHS 11.694587
GIP 0.756991
GMD 73.504454
GNF 8798.844552
GTQ 7.643396
GYD 209.328131
HKD 7.8476
HNL 26.859007
HRK 6.649602
HTG 130.939066
HUF 323.429923
IDR 18336.7
ILS 3.07365
IMP 0.756991
INR 95.94315
IQD 1310.606294
IRR 1693792.50032
ISK 120.899758
JEP 0.756991
JMD 158.336929
JOD 0.709015
JPY 157.383971
KES 129.739459
KGS 87.448702
KHR 4057.22564
KMF 434.999706
KPW 900.000318
KRW 1357.87998
KWD 0.308899
KYD 0.833726
KZT 440.074329
LAK 22455.503791
LBP 89592.031739
LKR 330.60617
LRD 171.583824
LSL 16.385613
LTL 2.95274
LVL 0.60489
LYD 6.399
MAD 9.712993
MDL 17.763022
MGA 4394.578552
MKD 54.223526
MMK 2099.600314
MNT 3599.1704
MOP 8.086624
MRU 40.069045
MUR 47.701561
MVR 15.45005
MWK 1734.754084
MXN 18.068165
MYR 4.080503
MZN 63.910056
NAD 16.385685
NGN 1327.689877
NIO 36.821108
NOK 9.487685
NPR 153.428035
NZD 1.773855
OMR 0.38435
PAB 1.000449
PEN 3.44424
PGK 4.528402
PHP 62.715498
PKR 277.158584
PLN 3.85065
PYG 5852.979771
QAR 3.647324
RON 4.654798
RSD 103.721994
RUB 83.366336
RWF 1477.228194
SAR 3.755513
SBD 8.032647
SCR 13.871312
SDG 601.504398
SEK 10.010135
SGD 1.2764
SHP 0.755829
SLE 24.650172
SLL 20969.491881
SOS 571.727998
SRD 37.621497
STD 20697.981008
STN 21.576683
SVC 8.75393
SYP 13002.000254
SZL 16.377071
THB 33.580062
TJS 9.214436
TMT 3.51
TND 2.978703
TOP 2.40776
TRY 49.024415
TTD 6.787408
TWD 31.887102
TZS 2640.027998
UAH 44.690709
UGX 3921.672237
UYU 40.308767
UZS 11835.41907
VES 857.98905
VND 25962
VUV 119.008285
WST 2.76852
XAF 578.891892
XAG 0.016554
XAU 0.000240557805
XCD 2.70255
XCG 1.803098
XDR 0.707052
XOF 578.891892
XPF 105.029547
YER 236.403721
ZAR 16.41148
ZMK 9001.203741
ZMW 19.559579
ZWL 321.999592
SSP 5712.5919
MXV 2.045277
  • RYCEF

    0.4000

    19.71

    +2.03%

  • CMSC

    0.0000

    20.4

    0%

  • BTI

    0.4200

    56.05

    +0.75%

  • BP

    0.2800

    44.43

    +0.63%

  • RBGPF

    1.6000

    67

    +2.39%

  • RIO

    -0.1500

    94.41

    -0.16%

  • AZN

    -0.4300

    166.15

    -0.26%

  • GSK

    0.4600

    49.7

    +0.93%

  • BCE

    -0.4100

    20.56

    -1.99%

  • NGG

    -0.2500

    75.24

    -0.33%

  • VOD

    -0.0400

    16.58

    -0.24%

  • RELX

    -0.4500

    33.07

    -1.36%

  • BCC

    -0.5500

    76.59

    -0.72%

  • CMSD

    -0.0300

    20.27

    -0.15%

  • JRI

    -0.2500

    10.77

    -2.32%

Nations gather for first-ever conference on fossil fuel exit
Nations gather for first-ever conference on fossil fuel exit / Photo: © AFP

Nations gather for first-ever conference on fossil fuel exit

More than 50 nations are attending a world-first conference on phasing out fossil fuels in Colombia next week as the Iran war underscores how dependent countries remain on planet-heating coal, oil and gas.

Text size:

Ministers arrive in the Caribbean city of Santa Marta against a backdrop of wartime fuel shortages, soaring prices and a scramble for energy security in what the International Energy Agency has called the biggest oil supply shock ever.

The gathering was born out of frustration with consensus-based United Nations climate talks, where efforts to negotiate a fossil fuel exit strategy have stalled.

But organisers say the energy shock caused by Iran's chokehold on the Strait of Hormuz, the key transit point for Gulf oil and gas shipments, has strengthened the case for a fossil fuel phaseout, even as some countries look to coal in the short-term to secure supplies.

Concerns over energy security are expected to shape the high-level discussions over April 28 and 29 as much as climate priorities, analysts say.

The meeting was announced months ago but has taken on "greater relevance" with the energy crisis, said Colombia's environment minister Irene Velez Torres, whose country is co-hosting with the Netherlands.

Major fossil fuel producing nations Australia, Canada and Norway are expected along with developing oil giants Angola, Mexico and Brazil and coal-reliant emerging markets Turkey and Vietnam.

They will join dozens of other countries from small-island developing states to major economies Germany, France and the UK.

However the world's biggest coal, oil and gas producers -- notably the United States, China, Saudi Arabia and Russia -- are skipping the event.

- 'Honest space' -

It will be closely watched for political signals from an emerging coalition of fossil fuel producers and consumers pushing for a phaseout outside the UN process.

Colombia -- a coal and oil exporter -- said the "strategically important" participating countries accounted for one-fifth of global fossil fuel production and nearly one-third of consumption.

Fossil fuel interests have been accused of influencing UN negotiations on climate change and some governments and activists have questioned the involvement of producer nations in Santa Marta.

"The larger the group of countries, the more diffused the interests are and the less chance you've got of getting a sharp outcome," climate scientist Bill Hare, founder of Climate Analytics think tank, told AFP.

Velez Torres said, however, it was a "major step forward" to have producer countries present tackling this "taboo".

"We need to start a more honest space where we can discuss this more openly, and bring all cards to the table. Nobody is saying that the way to eliminating fossil fuels is easy. But we need to bring these people together," she said.

For some, the conference's appeal is partly its distance from the UN climate talks.

"I think the Santa Marta meeting is long overdue," Maina Talia, climate minister of low-lying Tuvalu, told reporters.

- Energy bind -

Roughly twice as much investment goes into clean energy as fossil fuels, which are the primary driver of human-caused climate change.

But heat-trapping emissions from burning coal, oil and gas rose again in 2025 to a record high.

In response to the energy crisis, some countries intend to ramp up coal use to plug short-term supply gaps, underlining the challenge of reducing reliance on fossil fuels even in advanced economies.

Vanuatu's Climate Minister Ralph Regenvanu, whose Pacific Island nation is highly reliant on energy imports, told reporters the crisis was "unequivocally a call to lessen dependence on fossil fuels for everyone".

"We're very much looking forward to being first movers in this space," said Regenvanu.

Nearly 200 countries agreed at COP28 in 2023 to transition away from fossil fuels but efforts to turn that pledge into action have faced strong resistance since.

Tensions boiled over at COP30 in Brazil in November when nations could not even agree to include an explicit reference to fossil fuels in the final deal.

Santa Marta was less a rival to the UN talks than an opportunity for motivated nations "to take concrete steps forward", said Beth Walker, an analyst from the E3G think tank.

"There's a lot of difficult questions and issues to grapple with, but this is an important conversation and I think can start to create its own legitimacy and momentum in the long run," Walker told AFP.

No major announcements are expected but the conference's recommendations will feed into a voluntary "roadmap" away from fossil fuels being led by Brazil.

D.Wang--ThChM