From the Bezos Foundation to Jane Goodall: Over 1,000 signatures call for ‘fossil fuel divestment’ in key phase of COP.

On the very day that a round of political negotiations begins at the Dubai Climate Summit, a very heterogeneous group of signatories He sent an open letter COP28 President Sultan Al Jaber agreed to an “orderly phase-out of fossil fuels”.

The text calls for an outcome that is already “in line with the 1.5ºC target” as a limit on global warming, because “later is too late”. Signatories include scientist Jane Goodall and the Bezos Foundation, as well as executives from companies such as Danone, Nestlé, Ikea and Acciona. A very diverse set that includes “spiritual leaders”.

The letter is short and contains three points:

  • An orderly phase-out of fossil fuels, coal, oil and gas “fairly and in line with the 1.5ºC trajectory, while doubling renewables and doubling energy efficiency”.
  • “Create an environment that allows for increased public and private financing” and for developed countries to “take the lead in support” in addition to putting a price on carbon.
  • Stop and halt deforestation and land degradation along with biodiversity loss

And they conclude by saying that these goals will be achieved through “national plans” presented in 2025. The plans should take into account the technical conclusions of the global balance sheet.

Sultan Al Jaber used the letter to boost negotiations after his remarks about the lack of scientific evidence for the need to divest from fossil fuels undermined his position at COP28. Since then, he has repeatedly claimed that he is guided only by science. “Now comes the hard part,” he said, citing the letter this Friday. “Expectations are high and breaking the blockade is a challenge facing the parties. Blockade, which is particularly about the mention of fossil fuels, how to end their use and for what.

Source: El Diario

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