How the Transition Away From Fossil Fuel Production Can Be Included in New Climate Commitments and Plans
Summary
The report finds that many of the world's largest fossil fuel producers fail to address the transition of the fossil fuel sector in their climate plans. It argues that third-generation NDCs must include specific targets, pathways, and policies to wind down production in alignment with the COP 28 agreement to ensure a just and orderly transition.
Key insights
- Analysis of the 20 largest fossil fuel producing countries—which together account for 93% of global coal, 80% of oil, and 77% of gas production—shows that one third of their NDCs do not mention fossil fuel production, and six countries explicitly stated an intention to continue or increase production.
- Among the top 20 producers, more than half have either not submitted a long-term low-emissions development strategy (LT-LEDS) or have failed to mention fossil fuels within that strategy.
- Only the European Union, representing coal producers Germany and Poland, mentioned a pathway to decrease production in its NDC.
- To align with the COP 28 global stocktake, governments should include five specific elements in their NDCs and LT-LEDS: data on production and reserves; targets and pathways for winding down production; policies to disincentivize production (such as export caps or subsidy reform); measures for economic diversification and worker support; and information on international cooperation and equity.
Cite the original document
- APA
- Parra,, N. J. A. Y. (2024). How the Transition Away From Fossil Fuel Production Can Be Included in New Climate Commitments and Plans. International Institute for Sustainable Development. https://www.iisd.org/publications/report/fossil-fuel-transition-new-climate-commitments
- Chicago
- Parra,, Natalie Jones,Paola Andrea Yanguas. How the Transition Away From Fossil Fuel Production Can Be Included in New Climate Commitments and Plans. International Institute for Sustainable Development, 2024. https://www.iisd.org/publications/report/fossil-fuel-transition-new-climate-commitments.
- Wikipedia
- {{cite report |last1=Parra, |first1=Natalie Jones,Paola Andrea Yanguas |title=How the Transition Away From Fossil Fuel Production Can Be Included in New Climate Commitments and Plans |publisher=International Institute for Sustainable Development |date=12 June 2024 |url=https://www.iisd.org/publications/report/fossil-fuel-transition-new-climate-commitments |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{parra2024how, author = {Parra,, Natalie Jones,Paola Andrea Yanguas}, title = {{How the Transition Away From Fossil Fuel Production Can Be Included in New Climate Commitments and Plans}}, institution = {International Institute for Sustainable Development}, year = {2024}, month = jun, url = {https://www.iisd.org/publications/report/fossil-fuel-transition-new-climate-commitments}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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