Overview

• Brazil, with India, Japan and Italy, unveiled the Belém 4x pledge to quadruple sustainable fuels by 2035, drawing on a new IEA analysis and seeking endorsement at the Nov. 6–7 Leaders’ Summit.
• Marina Silva pressed to reallocate fossil‑fuel subsidies toward clean energy and to implement COP28’s Global Stocktake paragraph 28 through country “additionalities.”
• Negotiators reported no consensus on fossil consumption cuts, with Saudi Arabia pushing back, while China and India engaged unusually actively and the United States did not attend.
• The COP30 presidency cautioned that some countries may seek to reopen the agenda in Belém, a move that could delay the start of talks, and said it is testing options to prevent a procedural standoff.
• Brazil advanced the Tropical Forests Forever Facility proposal targeting about $125 billion, with 20% directed to Indigenous and traditional communities and $4 per preserved hectare.