Within the framework of the first conference on the transition beyond fossil fuels, the Climate Reality Project is promoting an open letter addressed to world leaders to demand an end to fossil fuel subsidies. The initiative states that as of 2025, only one government had published a roadmap for the phase-out of such subsidies.
Furthermore, it denounces that while these nations delay decision-making, more than one trillion US dollars are invested annually in maintaining fossil fuels—money that fuels climate disasters, enriches fossil fuel companies, and leaves the poorest communities vulnerable to rising energy costs. Through this document, a call is made to governments to stop financing the climate crisis and redirect those resources toward renewable energy solutions that guarantee a sustainable future.
What is the call:
- NO to further delays in publishing annual fossil fuel subsidy inventories and phase-out plans. Transparency is non-negotiable.
- NO to new fossil fuel subsidies. Stop pouring public money into an industry making outrageous windfall profits while families suffer.
- YES to an immediate phase-out of exploration and production subsidies as the first step toward total elimination.
- YES to direct cash transfers and strict liability funds that actually protect vulnerable consumers, rather than propping up dirty energy.
- YES to windfall taxes on the fossil fuel industry to fund a socially-just transition and energy sovereignty.
Enter here to read and sign the open letter to COFFIS member countries: Calling on them to stop delaying the process and begin leading the end of fossil fuel subsidies and invest in clean, abundant, and affordable energy.
Climate Reality will deliver the letter to COFFIS country representatives on behalf of the signatories and share the number of signers by country. No personal information will be shared with recipients.
