This event is part of the Global Climate Action Agenda programme at COP 31, under Axis 1: Transitioning Energy, Industry, Transport.

Organizers

Beyond Oil and Gas Alliance (BOGA), Clean Energy Transition Partnership (CETP), Coalition on Phasing Out Fossil Fuel Incentives Including Subsidies (COFFIS), Powering Past Coal Alliance (PPCA) under the Marrakech Partnership

Background

At COP28 in Dubai, all Parties agreed in the first Global Stocktake (GST) to contribute to transitioning away from fossil fuels in energy systems in a just, orderly and equitable manner, accelerating action in this critical decade so as to achieve net zero by 2050 in keeping with the science. At COP30 in Belem, an unpreceded number of Parties rallied around the Mutirao Call for a Fossil Fuel Roadmap, as part of the urgent response to accelerate implementation and alignment of NDCs with the 1.5c limit. The COP30 Presidency responded, announcing the establishment of Presidency-led Roadmaps for Fossil Fuels and Forests, as part of the Action Agenda, and to report back into COP31.
Following the launch of the COP30 Presidency Roadmap, attention will turn to translating its options into concrete action. This will require stronger partnerships, finance, technical assistance and peer learning tailored to countries' different needs to turn them into national plans and action. Where the Roadmap sets out the “what” and the “why”, the roundtable will focus on the “how”. The discussion will highlight the support being made available through the Action Agenda, including implementing alliances, enabling platforms, and the Santa Marta process, to help countries put the COP28 Global Stocktake commitment to transition away from fossil fuels into practice. As countries electrify their economies, an orderly transition away from fossil fuels will be essential to realizing the full benefits of electrification, including lower electricity costs, greater energy security, a more flexible grid, and deeper emission reductions.

Bringing together governments, alliances and Action Agenda partners, the roundtable will draw on concrete government experiences and practical solutions across key areas of the transition, including phasing out coal-fired power, managing the transition away from oil and gas production, reducing methane emissions, shifting international finance away from fossil fuels, and reforming fossil fuel subsidies – and make linkages to complementary work under the Action Agenda on electrification, energy security and economic stability. The discussion will explore what has worked, what challenges remain, and how international partnerships can help accelerate implementation on the transition away from fossil fuels.

Suggested Outcomes

• Shared success stories on implementation: Government experience highlight successful approaches, remaining challenges and practical solutions to overcome barriers to transitioning
  away from fossil fuels in a just, orderly and equitable manner.
• Greater awareness of available implementation support: Participating countries gain a clearer understanding of the support available through the Action Agenda to develop and implement transition plans across four key areas of the transition away from fossil fuels
  • phasing out coal-fired power;
  • managing the transition away from oil and gas production;
  • shifting finance away from fossil fuels; and

Agenda

See the agenda and more details of the event in this Concept Note.