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@techreport{Foster:2024,
author = {Foster, V and Brandmayr, C},
booktitle = {Grantham Institute background briefing},
publisher = {Imperial Grantham Institute},
title = {Transitioning away from fossil fuels: delivering the transition in low- and lower middle-income fossil fuel producing countries},
year = {2024}
}
TY - RPRT
AB - Key points•Following the commitment at COP28 to transition away from fossil fuels, it is imperative that countries set out robust plans to deliver a shift towards clean energy systems and away from fossil fuels production and consumption.•Depending on their natural resources and economic make up, low and lower middle-income countries will have to deliver an economic and a just transition, alongside an energy transition.•These countries face significant challenges to shifting their energy systems and realigning their economies, including limited access to finance and weak governance.•A larger scale, more programmatic approach to finance that goes beyond traditional climate finance is needed to enable low and lower middle income fossil fuel producing countries to address these multiple transitions.•An approach known as Data to deal can help ensure the next round of Nationally Determined Contributions provide a credible plan and effectively signal investment needs to the international finance community.A rapid move away from fossil fuel production and consumption is vital to meet the Paris Agreement temperature goal, as highlighted in the latest IPCC assessment.
AU - Foster,V
AU - Brandmayr,C
PB - Imperial Grantham Institute
PY - 2024///
TI - Transitioning away from fossil fuels: delivering the transition in low- and lower middle-income fossil fuel producing countries
T1 - Grantham Institute background briefing
ER -
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