Countries make joint statement on shifting fossil fuel subsidies towards renewable energy at COP28

December 9, 2023By nicolePress Releases, Stop Funding Fossils

“Today’s announcement from the Netherlands, United Kingdom, Canada and many of their peers is a disappointment. At a time when we need rich country leaders to concretely expand their past ambition to secure a fair deal, these ministers are just regurgitating promises and initiatives that are now more than a decade old and have been so ineffective that fossil fuel handouts and profits continue to reach record levels.”