Overview

• On day one, COP30 president André Corrêa do Lago urged delegations to avoid adding contentious agenda items that could trigger vetoes and stall negotiations, with broad emphasis on multilateralism and adaptation.
• Finance minister Fernando Haddad outlined five priorities to scale climate funding and a Baku-to-Belém roadmap toward mobilizing $1.3 trillion annually to 2035, with a report slated for the World Bank and IMF meetings this week.
• Brazil publicly launched the Tropical Forests Forever Fund with a $1 billion national pledge to reward keeping tropical forests standing and to attract public and private backing.
• Only 62 of 196 parties have submitted updated 2035 climate plans, with the European Union and India not yet filed, and civil society criticized wealthy nations for withholding concrete finance commitments.
• Structured inputs from four COP30 ‘circles’—Finance, Peoples, COP Presidents and Ethical Stocktake—will guide work on global adaptation indicators, a just transition program and implementing the Global Stocktake ahead of talks in Belém in November.