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COP30 Enters Ministerial Endgame as Brazil Tables Options on Fossil Fuels, Finance and Pledge Gap

A fresh presidency memo sets out the choices, raising pressure for swift decisions.

Overview

  • Government ministers took charge in Belém after the COP30 presidency issued a five‑page options paper outlining paths on weak national pledges, climate finance and trade disputes.
  • Talks are weighing a possible roadmap to transition away from fossil fuels, a push backed by Brazil and many vulnerable states but facing significant resistance from some major producers.
  • Developing countries are pressing for a clear payment schedule to meet last year’s $300 billion‑a‑year climate finance goal by 2035, with adaptation funding and carbon market rules also in play.
  • UN climate chief Simon Stiell warned against tactical delays and urged swift progress before Friday’s scheduled close, as President Luiz Inácio Lula da Silva is expected to engage to help broker compromises.
  • Indigenous groups escalated protests for greater inclusion, and new discussions on COP process reforms gained traction, including proposals to shift from negotiated pledges to implementation‑focused outcomes.