Draft Global Stocktake presents historic opportunity to secure fossil fuel phaseout agreement

December 5, 2023By nicoleGlobal Policy, Press Releases

“Global leaders have to deliver a full package. We will not accept weak outcomes only on coal or renewables, and without addressing the primary driver of the climate crisis, fossil fuels. We need countries to reach an agreement that includes a just and equitable phase out of all fossil fuels, with rich countries agreeing to phase out fastest, as well as a rapid phase in of renewables, a doubling of energy efficiency, and rich countries agreeing to redirect trillions in finance from fossil fuel industry handouts  to support the transition in the form of grants, not loans.”