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COP30 Closes With Compromise That Omits Fossil Fuel Exit Roadmap

Delegates approved a compromise focused on voluntary implementation steps with a nonbinding goal to boost adaptation finance by 2035.

Overview

  • An eight‑page consensus decision was adopted without explicit mention of fossil fuels, instead pointing back to COP28’s call for a transition away from them.
  • The European Union accepted the weaker text after facing isolation, with officials expressing disappointment while saying the deal still points in the right direction.
  • Brazil announced voluntary roadmaps on phasing out fossil fuels and tackling deforestation alongside a new UN‑linked Global Implementation Accelerator for willing countries.
  • Parties signaled an intention to at least triple adaptation finance by 2035, loosely cited at about $120 billion per year, though baselines and binding amounts remain undefined.
  • Talks ran into the weekend after protests and a venue fire, and a rainforest fund advanced separately with Germany pledging €1 billion over ten years.