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International Business Times
International Business Times
Science
Catherine HOURS

'It's Finished!': IEA Boss Says COP28 Bid Farewell To Fossil Fuels

COP IEA Fatih Birol COP28 United Nations International Energy Agency Developing Countries
IEA boss Fatih Birol says fossil fuels are 'finished' (Credit: AFP)

While the UN's COP28 climate summit marked a pivot moment, when the world pledged to say "goodbye" to fossil fuels, International Energy Agency chief Fatih Birol told AFP on Friday, it needs to now urgently boost finance for the energy transition in developing countries.

Birol welcomed the landmark agreement struck at the negotiations in the oil-rich United Arab Emirates, under which nearly 200 countries agreed that the world should be "transitioning away from fossil fuels in energy systems".

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