COP30 Closes With Belém Package Adopted as Fossil-Fuel Roadmap Stalls

Overview

• Delegates approved 29 texts by consensus, launching the Tropical Forest Forever Facility and other implementation tools.
• The forest facility has mobilized $6.7 billion as an investment vehicle with repayable capital, while reporting notes it likely needs about $25 billion to be viable.
• A Mutirão document sketches scaling adaptation finance toward roughly $1.3 trillion per year by 2035, though coverage characterizes the pledge as weak and nonbinding.
• COP30 adopted 59 voluntary indicators to track progress on the Global Goal on Adaptation across water, food, health, ecosystems, infrastructure and livelihoods.
• Low head‑of‑state turnout and operational troubles at the UN‑run Blue Zone, including a small fire and a reprimand from the UN, intensified criticism and renewed calls to reform COP negotiations.