{"id":2186,"date":"2026-07-28T13:27:37","date_gmt":"2026-07-28T16:27:37","guid":{"rendered":"https:\/\/cefd.eco\/climainfo-3\/"},"modified":"2026-08-10T14:38:48","modified_gmt":"2026-08-10T17:38:48","slug":"climainfo-3","status":"publish","type":"post","link":"https:\/\/cefd.eco\/en\/climainfo-3\/","title":{"rendered":"ClimaInfo"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Experts argue that fossil fuel subsidies, insufficient finance and entrenched vested interests remain among the main barriers to accelerating the energy transition .<\/p>\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/cefd.eco\/wp-content\/uploads\/2026\/07\/WhatsApp-Image-2026-07-28-at-12.55.00-1024x683.jpeg\" alt=\"\" class=\"wp-image-2162\" srcset=\"https:\/\/cefd.eco\/wp-content\/uploads\/2026\/07\/WhatsApp-Image-2026-07-28-at-12.55.00-1024x683.jpeg 1024w, https:\/\/cefd.eco\/wp-content\/uploads\/2026\/07\/WhatsApp-Image-2026-07-28-at-12.55.00-300x200.jpeg 300w, https:\/\/cefd.eco\/wp-content\/uploads\/2026\/07\/WhatsApp-Image-2026-07-28-at-12.55.00-768x512.jpeg 768w, https:\/\/cefd.eco\/wp-content\/uploads\/2026\/07\/WhatsApp-Image-2026-07-28-at-12.55.00.jpeg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n<p class=\"wp-block-paragraph\">\u201cHow can the transition away from fossil fuels be made economically viable, politically feasible and socially just amid growing geopolitical instability? There is no easy answer, nor a single one. But the pathways include phasing out subsidies for oil, gas and coal; increasing access to finance for developing countries ; and advancing green industrial and development policies capable of strengthening resilience and driving structural economic transformation.  <\/p>\n\n<p class=\"wp-block-paragraph\">These were among the key proposals put forward by the experts participating in the webinar &#8220;Transition Beyond Fossil Fuels: Economic Impacts, Geopolitics and Global Pathways to Finance a Just Transition&#8221;, held on Tuesday (30 June) by ClimaInfo and the Centre for Energy, Finance and Development (<a href=\"https:\/\/cefd.eco\/en\/\" rel=\"noreferrer noopener\" target=\"_blank\">CEFD<\/a>) (<a href=\"https:\/\/www.youtube.com\/watch?v=rV5KYE0vCaA&amp;t=24s\" rel=\"noreferrer noopener\" target=\"_blank\">watch here<\/a>). It was the second webinar in the Roadmap Beyond Fossil Fuels series, organised by ClimaInfo and the Observat\u00f3rio do Clima. <\/p>\n\n<p class=\"wp-block-paragraph\">The event brought together Ana Toni, CEO of COP30; <a href=\"https:\/\/profiles.sussex.ac.uk\/p104921-peter-newell\" rel=\"noreferrer noopener\" target=\"_blank\">Peter Newell<\/a>, Professor at the University of Sussex and one of the world&#8217;s leading experts on climate policy and energy transitions; <a href=\"https:\/\/www.qeh.ox.ac.uk\/person\/amir-lebdioui\" rel=\"noreferrer noopener\" target=\"_blank\">Amir Lebdioui<\/a>, Associate Professor at the University of Oxford and an expert in green industrialisation and economic diversification; and <a href=\"https:\/\/www.linkedin.com\/in\/nicolas-lippolis-9867b446\/\" rel=\"noreferrer noopener\" target=\"_blank\">Nicolas Lippolis<\/a>, Executive Director of the Centre for Energy, Finance and Development (<a href=\"https:\/\/cefd.eco\/en\/\" rel=\"noreferrer noopener\" target=\"_blank\">CEFD<\/a>) and a specialist in transition finance, who moderated the discussion.<\/p>\n\n<p class=\"wp-block-paragraph\">The panellists agreed that the <strong>oil price shock triggered by the conflict in the Middle East has reinforced that investment in renewable energy is a sound economic strategy for strengthening resilience against external shocks<\/strong>. However, they stressed that moving beyond fossil fuels requires far more than higher oil prices and cheaper renewable technologies. <strong>This fundamental shift demands profound changes to the current economic model\u2014a formidable challenge<\/strong>. <\/p>\n\n<p class=\"wp-block-paragraph\">&#8220;We have lived in a fossil fuel-based economy for more than 200 years. Our political systems are deeply dependent on it. Changing the political economy is difficult,&#8221; Ana Toni noted. Nevertheless, she argued that since COP28, held in Dubai in 2023, the energy transition has ceased to be a taboo subject. <\/p>\n\n<p class=\"wp-block-paragraph\">Despite the challenges facing multilateralism, the COP30 CEO argued that the development of the global roadmap beyond fossil fuels demonstrates that international cooperation continues to function. According to Toni, the global <em>roadmap<\/em>, due to be delivered ahead of COP31, should also help ensure that the transition features more prominently in the next Global Stocktake (GST) in two years&#8217; time. <\/p>\n\n<p class=\"wp-block-paragraph\">Peter Newell highlighted the debt burden facing developing countries as one of the greatest obstacles to moving beyond oil, gas and coal. He noted that <strong>76 low- and middle-income countries produce fossil fuels<\/strong>, and that half of them are continuing to expand production. <\/p>\n\n<p class=\"wp-block-paragraph\">\u201cQuando o endividamento \u00e9 alto, \u00e9 dif\u00edcil financiar a transi\u00e7\u00e3o energ\u00e9tica. O desafio \u00e9 limitar o poder da ind\u00fastria de combust\u00edveis f\u00f3sseis. N\u00e3o basta apenas baratear as fontes renov\u00e1veis de energia, \u00e9 preciso limitar o poder que essa ind\u00fastria tem. \u00c9 preciso mudar as rela\u00e7\u00f5es de poder. Por outro lado, o fracasso de economias dependentes dos f\u00f3sseis rejuvenesce o debate\u201d, ressaltou.<\/p>\n\n<p class=\"wp-block-paragraph\">For Amir Lebdioui, the transition beyond fossil fuels represents an opportunity to expand new economic sectors and create high-quality jobs. However, he argued that domestic conflicts of interest often prevent governments from recognising these opportunities. He cited differing perspectives among finance, energy and environment ministries as a common example.  <\/p>\n\n<p class=\"wp-block-paragraph\">&#8220;Green industrial policy must be seen as more than an environmental agenda. It is a strategy for resilience and macroeconomic transformation. Governments also need the capacity to continuously adapt the policy instruments they deploy. There is no single correct instrument or sector. China is a clear example of this adaptive approach.&#8221;<br\/><\/p>\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button has-custom-width wp-block-button__width-50 is-style-fill\"><a class=\"wp-block-button__link has-white-color has-text-color has-background has-link-color wp-element-button\" href=\"https:\/\/climainfo.org.br\/2026\/07\/01\/transicao-para-alem-dos-combustiveis-fosseis-exige-novo-modelo-economico\/\" style=\"background-color:#3278aa\" target=\"_blank\" rel=\"noreferrer noopener\">Publication Link<\/a><\/div>\n<\/div>\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Experts argue that fossil fuel subsidies, insufficient finance and entrenched vested interests remain among the main barriers to accelerating the energy transition . \u201cHow can the transition away from fossil fuels be made economically viable, politically feasible and socially just amid growing geopolitical instability? There is no easy answer, nor a single one. But the [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":2184,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29,1],"tags":[54,47],"class_list":["post-2186","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press","category-sem-categoria","tag-energy-diversification","tag-press"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ClimaInfo - Centro de Energia, Finan\u00e7as e Desenvolvimento<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cefd.eco\/en\/climainfo-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ClimaInfo - Centro de Energia, Finan\u00e7as e Desenvolvimento\" \/>\n<meta property=\"og:description\" content=\"Experts argue that fossil fuel subsidies, insufficient finance and entrenched vested interests remain among the main barriers to accelerating the energy transition . \u201cHow can the transition away from fossil fuels be made economically viable, politically feasible and socially just amid growing geopolitical instability? 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