Oil Change International is a research, communication, and advocacy organization focused on exposing the true costs of fossil fuels and facilitating a just transition to clean energy. For media inquiries, please contact: Valentina Stackl at [email protected]
Today, Oil Change International will be convening a press conference at COP30 with energy and policy experts and climate activists to present the current state of play on the COP30 political package, and how decisions on the just transition, adaptation, fair public finance, and a fossil fuel phaseout roadmap need to be delivered together in order to achieve an equitable outcome to this year’s UN climate talks.
With just hours remaining until the scheduled close of COP30, the pressure is mounting. Yesterday the summit entered a decisive phase, with Brazilian President Luiz Inácio Lula da Silva joining the talks to advance the draft “Mutirão Decision” text in a bid to swing the package through.
"Pushing for failed private finance schemes in the final hours of the negotiations risks derailing the path to a breakthrough deal on a funded, fair, fast just transition away from fossil fuels that we desperately need. Private investors seek profit, not justice."
A just transition means stopping fossil fuels, not being held back by them, and choosing a future powered by clean energy. In Africa, a just transition includes energy access for the millions of Africans currently without energy for driving local economies and domestic needs. It is time that world leaders put in the work and finance to ensure that Africa has a just transition to renewable energy instead of being locked into more fossil fuels.
Today, President Lula joins the UN climate talks, and the COP30 Presidency is determined to push through the Mutirão Decision by the end of the day in an unprecedented move to gavel through major decisions in one swoop mid-second week.
“The options for a fossil fuel roadmap in the current text are not worth the paper they’re written on - but today’s show of support from a growing group of countries for a concrete roadmap to equitably transition away from fossil fuels proves that momentum is shifting."
The second week of COP30 has opened with a show of political maneuvering, as ministers arrived in Belém to an agenda that is quickly being merged into two high-stakes packages. A new proposal presented by the COP30 Presidency this morning, the draft Mutirao Decision, summarizes outcomes on sticky issues raised by Parties that weren’t on the agenda, and on which consultations were held over the last week.
A controversial gas megaproject in Mozambique, which the UK government is considering backing with public funds, has come under renewed scrutiny as its sponsor faces legal action over alleged complicity in war crimes.
Korea taking action on coal is a late but welcome step.
As COP30 Enters Week Two, Pressure Mounts for Real Action on Just Transition, Fossil Fuel Phaseout Roadmap, and Financial Architecture Reform
