Overview

• Despite deploying two cruise ships with 6,000 beds and early-access bookings for 98 developing nations, accommodation remains scarce.
• Hotel rates surged to roughly $15,000 per night, prompting organizers to claim gradual price reductions even as activists warn costs remain prohibitive.
• Most countries have missed the UN’s September deadline to submit updated Paris Agreement emissions plans, risking an incomplete assessment before COP30.
• Key initiatives on mobilizing $1.3 trillion in climate finance for vulnerable countries and strengthening forest protection are progressing through informal talks.
• Choosing Belém underscores the conference’s focus on poverty and deforestation but has exposed acute infrastructure gaps in the host city.