Overview
- The final decision text omits any mention of fossil fuels and adopts no UN-negotiated phaseout plan after resistance from oil-producing states under the consensus rule.
- The Belém Package calls for tripling adaptation finance by 2035 and advances work on a just transition mechanism, but the size, sources and delivery of funds remain unclear.
- Delegates launched a Global Implementation Accelerator alongside an expanded action agenda, including efforts such as a push to mobilize $1 trillion for power grids and storage.
- Brazil will develop voluntary roadmaps on fossil-fuel transition and deforestation outside the UN text, with a Colombia–Netherlands phaseout conference scheduled for April 2026.
- Brazil’s Tropical Forests Forever Facility secured initial donor pledges in the single-digit billions, well short of its multibillion-dollar goal for forest protection.