By Louis de Briant ( April 28, 2026, 13:50 GMT | Comment) -- Representatives from more than 50 countries are meeting in Colombia to advance efforts to reduce the use of fossil fuels. But the absence of the major emitters like China, India, and the US, means the focus is expected to be on deepening cooperation rather than binding outcomes, with discussions on taxation of fossil-fuel profits, phaseout roadmaps and limits on investor-state dispute settlement mechanisms.A conference in Colombia this week is set to provide an opportunity for a coalition of willing countries to discuss how to reduce the use of fossil fuels, but the absence of the world's major oil-producing nations means it is not expected to yield any immediate policy impact....
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.