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COP30 Closes Without Fossil-Fuel Phase-Out as Deal Prioritizes Implementation and Finance Goals

Petrostate resistance, together with a U.S. absence, yielded an outcome that shifts the phase‑out push outside the UN.

Overview

  • Negotiators adopted the Belém 'Mutirão' package without any reference to fossil fuels after opposition led by Saudi Arabia and Russia.
  • More than 80 countries backed a formal phase‑out roadmap, and Colombia with the Netherlands announced an April 2026 conference in Santa Marta to draft one outside the UN process.
  • The deal calls for tripling adaptation finance by 2035 and points to mobilizing roughly US$1.3 trillion annually by 2035, though analysts question delivery and funding sources.
  • Implementation measures advanced included a Just Transition mechanism known as the Belém Action Mechanism and a Gender Action Plan, alongside a declaration on climate information integrity.
  • Civil‑society and Indigenous protests disrupted talks, a pavilion‑area fire led to a brief evacuation with no injuries, and observers said the lack of a U.S. delegation weakened momentum for stronger language.