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Governments Spent Five Times More Public Money on Fossil Fuels than Renewables

New analysis finds that in 2024, public financial support for fossil fuels exceeded USD 1.2 trillion, compared with USD 254 billion for clean energy—meaning fossil fuels still received around five times more public support than renewables.

Press release April 27, 2026

Effectively Delivering on Climate and Nature: Policy analysis to maximize synergies and co-benefits in Mongolia

A review of Mongolia’s climate and biodiversity policies to assess synergies, gaps, barriers, and opportunities to improve alignment and coordination.

Report April 27, 2026

Santa Marta Pre-Conference Session | Refocusing on the Medium Term—Synergies with COP, the second Global Stocktake and IPCC, and international transition plans

Ahead of the Santa Marta Conference, this session will bring together experts and practitioners to examine how international roadmaps to transition away from fossil fuels can complement national planning and strengthen multilateral and plurilateral cooperation.

Conference April 25, 2026

Marshall Islands Steps Up as Co-Chair of Global Coalition to Phase Out Fossil Fuel Subsidies

The Republic of the Marshall Islands announced as co-chair of the Coalition on Phasing Out Fossil Fuel Incentives Including Subsidies (COFFIS).

Press release April 25, 2026

Santa Marta Pre-Conference | Energy Transition and Sovereign Debt: Fiscal, external, and political economy dimensions

This session will look at how developing countries—whether fossil fuel exporters or energy importers—can phase out fossil fuels without tipping into sovereign debt crisis, and the role multilateral institutions can play in making that possible.

Conference April 24, 2026

Santa Marta Pre-Conference | Content of National Transition Plans

Bringing together leading experts, this event will explore how 1.5°C-aligned fossil fuel phase-out pathways can be translated to the national level, what equitable phase-out looks like, and how institutions can support credibility and accountability.

Conference April 24, 2026

Santa Marta Pre-Conference | Clean Energy Incentives and the Policy Mix

This session focuses on mobilizing clean energy investment through smart policy design. It examines how governments can deploy carbon pricing, tax incentives, and complementary measures to attract private capital, and how to build a policy mix that is fiscally sustainable, well-coordinated, and resilient.

Conference April 24, 2026

Santa Marta Pre-Conference | Investor-State Dispute Settlement and a Just Transition Away from Fossil Fuels

Part of the Academic Pre-Conference to the First Conference on Transitioning Away from Fossil Fuels, this session will address the need for states to move away from the investor-state dispute settlement (ISDS) model to protect a just energy transition and develop short- and long-term reform options for governments.

Conference April 24, 2026

Santa Marta Pre-Conference | Learning Lessons from Existing Transition Plans

This session will explore what lessons policy-makers can learn from existing transition plans. With a particular focus on the needs of Global South countries, experts will generate insights on institutional design, financing, plant and mine closure, land restoration, and more.

Conference April 24, 2026

Santa Marta Pre-Conference | Fossil Fuel Subsidy Reform Session

Ahead of the Santa Marta Conference, this event will explore best practices on fossil fuel subsidy reform as well as how governments can increase accountability and energy security.

Conference April 24, 2026

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