Cop30 live: Deal agreed at Cop after long negotiations

The Guardian
The Guardian 3M Brazil
COP30 concluded with a deal after prolonged discussions, highlighting the challenges of global climate cooperation. Key outcomes include increased funding for adaptation and roadmaps for deforestation and fossil fuel transition.
Cop30 live: Deal agreed at Cop after long negotiations
Why it matters
COP30 has concluded with a significant agreement after a series of intense negotiations that nearly led to its collapse. The deal showcases the ability of 194 nations to cooperate on climate issues, even amid geopolitical tensions. A major outcome is the commitment to triple funding for climate adaptation, although the target of $120 billion annually has been postponed to 2035. The final text notably omitted any mention of fossil fuels, a point of contention among many nations. Brazil has taken the lead in proposing roadmaps for both deforestation and fossil fuel transition, supported by around 90 other countries. However, these initiatives are not part of the formal UN process. The agreement also includes a Just Transition Mechanism aimed at ensuring equitable shifts to a green economy. Despite these steps, many nations expressed dissatisfaction with the outcomes, particularly regarding the urgency of climate action and the rights of Indigenous peoples.
TOPICS

Climate & Environment Climate Change Climate Science

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