Overview

• The two‑day, non‑binding gathering on October 13–14 brings together more than 500 participants from 72 countries to smooth positions ahead of COP30.
• Brazil’s presidency has set three priorities for discussion: global adaptation indicators, a Programme of Work on Just Transition, and implementing the COP28 Global Stocktake.
• Financing for adaptation indicators remains a sticking point, with uncertainty over dedicated multilateral funding and pushback from wealthier countries against new obligations.
• Contentious unilateral trade policies such as the EU’s CBAM and debates over the scope of transition support threaten to stall progress, alongside resistance from major fossil fuel producers.
• Only 62 of 196 parties had submitted updated NDCs by October 10, raising concern over ambition as acting president Geraldo Alckmin opens the meeting in Brasília.