COP 29 | COFFIS Ministerial Press Conference
Press conference of the Coalition on phasing out Of Fossil Fuel Incentives Including Subsidies (COFFIS).
During the United Nations Climate Conference in Dubai (COP 28), the Netherlands launched an international coalition to phase out fossil fuel subsidies. Countries who joined the coalition include the Netherlands, Austria, the federal government of Belgium, Ireland, Spain, Finland, Antigua and Barbuda, Canada, France, Denmark, Costa Rica, and Luxemburg.
A carbon-free global economy requires the phase-out of fossil fuel subsidies. That’s why the Glasgow Climate Summit in 2021 agreed to phase out inefficient fossil fuel subsidies, on the back of a similar G20-decision dating back to 2009. Yet, an important part of all fossil benefits are tied up in international agreements, prompting countries to join forces and establish a coalition to phase out these benefits.
The coalition’s secretariat is hosted by IISD.
Upcoming events
COP 29 | NDC Ambition and Transitioning Away from Fossil Fuels in a Just, Orderly and Equitable Manner
This COP 29 side event will showcase what leading countries are doing to ensure a just transition away from fossil fuels and the challenges they are facing.
COP 29 | Innovative Research and Engagement Strategies for a Just Transition in the Global South
This COP 29 side event, hosted by the ILO Just Transition Pavilion, will convene a diverse set of speakers to illustrate practical examples to support just transition implementation.
Climate Finance: Elevating voices from the Global South
Climate finance experts from India, Indonesia, South Africa, and Brazil share their country perspectives to help build awareness on the climate finance needs of the Global South.
A Municipal Perspective on the Value of Natural Infrastructure
This webinar will showcase examples the cost-effectiveness of natural infrastructure from a municipal perspective. Focusing on what municipalities need—what evidence and numbers they rely on, and what tools and planning processes are required to ensure that natural infrastructure is assessed alongside traditional infrastructure for cost-effectiveness.