Diplomacy Toward an International Fossil Fuel Production Policy Regime

As international efforts mount to align the production of coal, oil, and gas with global climate and sustainable development goals, a just transition from the fossil-fuel system calls for international policy that meets the scale of the challenge.

Following a workshop held in early October, Developing a Framework for a Just and Equitable International Transition for Fossil Fuel Production, the conversation highlighted several key directions for international policy, including the following: international cooperative mechanisms for just transitions, changes to trade and investment agreements, reforms for global economic governance and financial institutions, fossil fuel exclusion steps for consumer and net importer countries, and development of a global registry and exit list. In many ways, these amount to a new international fossil fuel production regime.

The Stanley Center for Peace and Security and the Fossil Fuel Non-Proliferation Treaty are continuing the conversation and invite participants to share ways to work together in the diplomatic space to bring about needed changes over the next two years in international policy on fossil fuel production through the following questions:

• What stage are we in with various diplomatic efforts and how can they evolve?
• What countries and actors need to be further involved and how?
• What is critical through the first half of 2022 to ensure these efforts move the furthest?

Diplomacy Toward an International Fossil Fuel Production Policy Regime gathers approximately 20 individuals representing governments, institutions, civil society, and others in the diplomatic arena to advance the just and equitable international transition for fossil fuel production.