A new coalition of 57 countries met in Colombia to address global decarbonization and create a framework for a clean energy transition, excluding fossil fuel interests. The coalition aims to phase out coal, oil, and gas and accelerate progress at future COPs. Three voluntary "workstreams" were adopted to develop national and regional roadmaps, revamp the global financial system, and facilitate a fossil-fuel-free trade system. The coalition plans to continue exploring the art of the possible to benefit future climate negotiations and the global drive to net zero. Geopolitical shocks and disrupted oil flows are prompting import-dependent economies to accelerate shifts in energy strategy towards clean alternatives, highlighting the need for more efficient use of existing crops and the competition for clean energy technologies.
https://speedandscale.com/newsletter/57-countries-meet-to-up-ambition-on-climate/