Dinner at COP31 – From Pathways to Implementation: Financing an Equitable Transition Away from Fossil Fuels

Nov 5, 2026

Date: Thursday, 12 November 2026
Time: 18:30-22:00 (local time)
Location: Antalya, Türkiye

This NEWPATHWAYS dinner at COP31, “From Pathways to Implementation: Financing an Equitable Transition Away from Fossil Fuels”, explores how global transition pathways can inform equitable national transitions and the financing needed to deliver them. It connects the scientific evidence on what the transition requires with the policy and financing challenges of implementation in different national contexts, drawing on emerging analysis from the Science Panel for the Global Energy Transition (SPGET), NEWPATHWAYS research on national pathways and climate finance, and emerging research on equitable transitions away from fossil fuels (ETAFFs).

Background

The transition away from fossil fuels (TAFF) is moving from a question of ambition towards one of implementation. Building on the first International Conference on Transitioning Away from Fossil Fuels, co-hosted by Colombia and the Netherlands in Santa Marta in April 2026, the international TAFF process is creating space to consider how to advance just, orderly and equitable transitions. This momentum will continue with the second International Conference on the Just Transition Away from Fossil Fuels, to be co-hosted by Tuvalu and Ireland in the Pacific in July 2027.

Moving away from fossil fuels involves not only transforming energy systems, but also addressing economic dependence on fossil fuel production, managing distributional impacts and mobilising investment in decentralised energy systems and diversified economic activities. Questions remain about whether existing financial flows and instruments, including Just Energy Transition Partnerships (JETPs), are adequate, accessible and aligned with countries’ different transition needs.

The discussion will be structured around three themes.

Global pathways: What does the transition require?
What do global energy transition pathways tell us about what needs to change to move away from fossil fuels, and which transformations matter most? Participants will discuss:

  • The most critical changes needed in energy supply and demand
  • The biggest challenges, uncertainties and trade-offs in translating global pathways into action
  • How scientific evidence and global pathways can better inform policy decisions and international cooperation

National pathways and ETAFFs: How can transitions be equitable in practice?
How can countries move away from fossil fuels in ways that reflect their different circumstances and development priorities, while ensuring the transition is equitable? Participants will discuss:

  • What makes an equitable transition look different from one country to another
  • How to address the impacts on workers, communities and regions dependent on fossil fuels, while supporting broader development objectives
  • Which national policies and forms of international cooperation are most important

Finance: How can transitions be financed and implemented?
What types of finance are needed to turn equitable transition pathways into reality, and how can international finance better respond to countries’ different needs? Participants will discuss:

  • Where the biggest financing needs and gaps lie: transforming energy systems, supporting affected communities or diversifying economies
  • The roles of international public finance, concessional finance, development finance institutions, climate funds and private investment
  • Lessons from initiatives such as JETPs, and how financing approaches could be improved

Attendance

This dinner is by invitation only. If you are interested in joining, please email Theofania Troupi at theofania.troupi@climatestrategies.org.

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