COP 30 Side Event | ​Advancing Financial and Fiscal Incentives for a Just, Orderly, and Equitable ​Transition Away From Fossil Fuels

This workshop, part of the COP 30 Action Agenda, convenes governments and stakeholders to advance the alignment of economic incentives with a just, orderly, and equitable transition away from fossil fuels by redirecting public financial flows and mobilizing private investment.

Organized by the Coalition on Phasing Out Fossil Fuel Incentives Including Subsidies, the Clean Energy Transition Partnership, the Organisation for Economic Co-operation and Development Centre, and the We Mean Business Coalition, the event aims to:

1. Identify existing progress and actionable steps for governments, businesses, and financiers on how aligning public financial flows and incentives, including subsidies​,​ can support transitioning away from fossil fuels toward clean energy.
2. Share successful examples and lessons learned from governments and international initiatives on fossil fuel subsidy reform and shifting international public finance for oil, gas, and coal toward clean energy—as critical building blocks of the emerging dialogue on transitioning away from fossil fuels while safeguarding energy security, jobs, and economic stability.
3. Identify commitments for follow-up actions, partnerships, and investments to accelerate implementation of the global stocktake outcomes.