Santa Marta Summit: Blueprint for Fossil Fuel Exit?

The Santa Marta Summit (24-29 April 2026) gathered 57 nations—spanning one-third of global GDP—to forge national roadmaps phasing out fossil fuels, reforming subsidies, and curbing carbon trade. Bypassing UN gridlock, this coalition signals a pragmatic shift amid oil volatility and climate shocks. Yet, can flexible diplomacy deliver binding action before tipping points lock in irreversible risks?