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COP30 Closes With Compromise Lacking Fossil Exit Plan as Delegates Back Tripling Adaptation Finance

The EU accepted the Brazil-led text to avoid a collapse of talks.

Overview

  • The final package omits any explicit mention of fossil fuels and sets no binding roadmap for phasing out coal, oil or gas, referring instead to the non-binding UAE Consensus from COP28.
  • Negotiators pledged to triple adaptation finance for developing countries by 2035, a move welcomed by least developed states though the text sets no baseline year or firm amounts.
  • Countries endorsed voluntary follow-up through UN platforms, including a Global Implementation Accelerator, after failing to reach consensus on enforceable measures.
  • Brazil’s presidency removed fossil-fuel language from its Mutirão draft and said it will publish its own roadmaps, including on forest protection, where delegates could not agree.
  • EU officials voiced disappointment but declined to veto the deal after resistance from a bloc including Saudi Arabia, Russia, China and India, while African negotiators accused richer states of coercive bargaining over finance.