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Santa Marta Summit Calls Fossil Phase-Out, Colombia Drops ISDS

4/27/2026

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Story summary
  • The Santa Marta summit, held April 24-29 in Colombia, is the first conference to phase-out coal, oil, gas, and drew delegates from 50+ nations.
  • Dutch climate minister Stientje van Veldhoven-van der Meer said the group will start work to cut fossil-fuel subsidies and reduce demand.
  • Colombia announced it will exit investor-state dispute settlement system after 220 experts urged a coalition free of ISDS, and will issue a three-pillar report for COP31.