“Greenpeace considers the joint call of the COP28 Presidency and the International Energy Agency (IEA) to be a significant step forward, setting the scene for a phasedown of fossil fuels within this decade.
Stressing the importance of accelerating the energy transition and the phasing down of supply and demand by 2030 will encourage world leaders, particularly those from developed countries, to align with the strategy.
However, this focus on a phasedown for this decade is just a start, and must be the prelude to a more comprehensive commitment – the fair and full phaseout by mid-century of all fossil fuels, including oil, gas, and coal.
Action this decade is crucial and cannot be voluntary.
There can be no room for new oil and gas projects.
If we can see agreement on this ambitious goal in the text of the formal cover decision, then COP28 will be a testament to the UAE’s leadership and an historic and unprecedented milestone in global climate action.”
