Overview
- All 54 African Union members endorsed the Addis Ababa Declaration to present a single negotiating position at COP30 in Brazil.
- The plan calls for securing $50 billion each year for climate solutions, with Ethiopia’s Abiy Ahmed backing an Innovation Compact and a new facility to deliver 1,000 solutions by 2030.
- African banks and development finance institutions signed an agreement to mobilize $100 billion for renewable energy and green industrialization.
- Leaders set targets that include installing 300 gigawatts of renewable capacity by 2030 and providing electricity to 300 million people currently without access.
- The roadmap elevates a Green Minerals Strategy to leverage critical deposits, while civil-society groups warn that reliance on transitional fuels, carbon markets and private finance could undermine a just transition.