Overview
- The final COP30 decision omitted any mention of “fossil fuels” and set no binding phase-out.
- Brazil removed fossil-fuel and deforestation roadmaps from the UN text and will pursue them outside the UNFCCC, with a Colombia-led effort and a Colombia–Netherlands conference planned.
- Countries endorsed an aspiration to triple adaptation finance by 2035, with questions over whether funds are new and when they will be delivered.
- Delegates agreed to establish a Just Transition Mechanism to support regions and sectors moving away from carbon-intensive activities.
- Brazil launched the Tropical Forests Forever Facility with roughly $5.5 billion in initial pledges toward a much larger target, as observers criticized an opaque closing process and the strong presence of fossil-fuel lobbyists.