Santa Marta Summit Ignites Roadmap Race to Ditch Fossil Fuels

The Santa Marta conference, wrapping April 29, 2026, unites 57 nations—33% of global GDP—in forging fossil fuel phase-out roadmaps, subsidy reforms, and trade tools. This pragmatic coalition sidesteps UN gridlock, channeling $500-700bn annually toward renewables amid 1.2-1.9°C warming risks. Yet fragmented momentum tests whether economic incentives can outpace laggards in stabilizing 1.5°C pathways.