Overview
- Nations adopted a consensus decision in Belém that lacks an explicit plan to phase out oil, gas and coal and does not use the word “fossils.”
- European officials, including Wopke Hoekstra and France’s Monique Barbut, voiced disappointment yet confirmed they would not block the text.
- The agreement pledges to triple adaptation finance for developing countries by 2035 compared with the current €40 billion per year objective.
- Negotiations underscored a deep divide between the European Union and oil‑producing or emerging economies such as China, India, Russia and Saudi Arabia, leaving Europeans relatively isolated.
- A fire at the COP30 site halted talks for nearly seven hours and the COP president said he will lead separate roadmaps on fossil‑fuel exit and deforestation during his term.