New Coalition of 57 Nations Launches to Accelerate Global Oil Phase-Out
Nearly 60 countries, representing almost half of the global GDP, have formed a new international coalition aimed at accelerating the transition away from fossil fuels. Launched during the First Conference on the Just Transition Away from Fossil Fuels in Santa Marta, Colombia, the initiative seeks to bypass the perceived inefficiencies of the UN’s COP system. The formation of this coalition was driven by the failure of COP30 to establish concrete fossil fuel phase-out resolutions and has been further urgentized by recent oil supply disruptions caused by conflict in the Strait of Hormuz. Co-hosted by Colombia and the Netherlands, the group includes major economies like Brazil, France, and Nigeria, but deliberately excludes the United States, China, Russia, and India to avoid diplomatic deadlocks. The coalition focuses on implementing agreed goals rather than setting new targets, emphasizing energy security and economic resilience. Notably, the forum facilitated historic discussions with oil-dependent nations like Nigeria regarding the economic vulnerabilities of decarbonization, marking a significant shift in diplomatic approaches to climate action and fossil fuel dependence.
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