As the worst oil shock in history throttles economies worldwide, more than 50 countries are meeting to thrash out an orderly path away from fossil fuels. A treaty to formalise a phase-out, fossil fuel subsidies and transition finance for developing nations are agenda items for the multi-day event in the port city of Santa Marta. Promises to develop country-specific road maps away from climate-polluting fossil fuels and bolstered multilateral alliances could eventuate from the conference co-hosted by Colombia and The Netherlands. Founding member of The Elders and former Ireland president Mary Robinson says the summit is occurring just as the…
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