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Reactive • Global Policy, Global Public Finance

COP30 presidency updates UN climate talks on global roadmap on the transition away from fossil fuels

For immediate release

June 12, 2026

“It will be the responsibility of all governments to draw up their own energy roadmaps, but it’s the rich Global North countries that must lead the transition and stop blocking international cooperation needed to lift the structural barriers that are keeping fossil fuels afloat.”

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  • COP30 presidency updates UN climate talks on global roadmap on the transition away from fossil fuels
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12 June 2026, Bonn – Today, at the UN climate talks in Bonn, the COP30 presidency provided an update on the global roadmap on the transition away from fossil fuels they agreed to develop in Belém.

In response, Shady Khalil, Senior Global Policy Strategist at Oil Change International said:

“The COP 30 presidency’s global roadmap on the transition away from fossil fuels is an opportunity for an open conversation on the need for countries to plan their transition, at a time when the need to move beyond fossil fuels has never been clearer or more urgent. The alternative, which we are seeing right now, is a chaotic, unplanned, and volatile fossil fuel economy wreaking havoc on communities around the world. Publicly-led planning is how countries can build resilience and reclaim their energy and economic sovereignty from fossil fuels.

“While Brazil’s presentation today had many positive signals, including the need for a just transition to be at the center of any roadmaps, it must ensure that it does not end up legitimizing a private-sector-first approach to financing the transition. Our research shows that the “derisking mechanisms” the COP30 presidency emphasized are not fit to deliver the scale, quality, or distribution of finance needed for a fossil fuel phase out. Instead, international cooperation on the transition away from fossil fuels needs to deliver the public funding and economic sovereignty needed for every country to pursue a just transition.

“It will be the responsibility of all governments to draw up their own energy roadmaps, but it’s the rich Global North countries that must lead the transition and stop blocking international cooperation needed to lift the structural barriers that are keeping fossil fuels afloat: high debt burdens, unfair trade rules, and the severe scarcity of public finance for the transition. On the road to COP31, the upcoming presidencies must ensure this roadmap remains at the center of the conversations in Antalya.”

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