Advancing a Fair and Funded Transition Away from Fossil Fuels

The document argues that despite the COP 28 agreement to transition away from fossil fuels, production and consumption continue to rise. It proposes that COP 30 adopt differentiated timelines for phasing out fossil fuels based on national wealth and historical responsibility, and calls for an immediate end to new fossil fuel exploration and expansion. Key financial recommendations include ending public financing for fossil fuels, reforming subsidies, and establishing the Belém Action Mechanism for Just Transition to coordinate climate finance.

• The document recommends that COP 30 adopt a decision establishing differentiated timelines for phasing out fossil fuel production and use, accounting for countries' historical responsibility, capacities, and wealth, while ending new fossil fuel exploration and the development of new oil, gas, and coal fields.
• To support a just transition, the briefing proposes the launch of the Belém Action Mechanism for Just Transition at COP 30 to coordinate actors and direct climate finance toward just transition policies.
• The briefing calls for an end to both domestic and international public financing for fossil fuels, including capital expenditure for energy-related state-owned enterprises, and the phasing out of fossil fuel subsidies that do not address just transition or energy poverty.
• The Baku to Belém Roadmap to 1.3T should explicitly exclude carbon credits, false solutions, and fossil fuels from climate finance, prioritizing grants and highly concessional public finance instead.

APA

Khalil,, N. J. V. D. B. I. T. D. (2025). Advancing a Fair and Funded Transition Away from Fossil Fuels. International Institute for Sustainable Development. https://www.iisd.org/publications/brief/advancing-fair-funded-transition-fossil-fuels

Chicago

Khalil,, Natalie Jones,Laurie van der Burg,Romain Ioualalen,Bronwen Tucker,Myriam Douo,Shady. Advancing a Fair and Funded Transition Away from Fossil Fuels. International Institute for Sustainable Development, 2025. https://www.iisd.org/publications/brief/advancing-fair-funded-transition-fossil-fuels.

Wikipedia

{{cite report |last1=Khalil, |first1=Natalie Jones,Laurie van der Burg,Romain Ioualalen,Bronwen Tucker,Myriam Douo,Shady |title=Advancing a Fair and Funded Transition Away from Fossil Fuels |publisher=International Institute for Sustainable Development |date=13 June 2025 |url=https://www.iisd.org/publications/brief/advancing-fair-funded-transition-fossil-fuels |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{khalil2025advancing, author = {Khalil,, Natalie Jones,Laurie van der Burg,Romain Ioualalen,Bronwen Tucker,Myriam Douo,Shady}, title = {{Advancing a Fair and Funded Transition Away from Fossil Fuels}}, institution = {International Institute for Sustainable Development}, year = {2025}, month = jun, url = {https://www.iisd.org/publications/brief/advancing-fair-funded-transition-fossil-fuels}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }