COP30 High-Level Talks Begin With Finance Gap and Fossil-Fuel Roadmap Unsettled

Overview

• COP30 president André Corrêa do Lago will present the People’s Summit letter in ministerial sessions, while cautioning that consensus among 195 countries limits what can be adopted.
• Developing nations are pressing for roughly US$1.3 trillion a year in public climate finance versus the US$300 billion band from COP29, as UN climate chief Simon Stiell highlighted private pledges yet recipients seek predictable public funds.
• A clear pathway to phase out fossil fuels remains outside the formal agenda, though Brazil, Colombia and others are pushing for a roadmap, with Germany signaling support for a decision that develops such a plan.
• Indigenous mobilizations, including a Munduruku blockade that closed a main gate, disrupted access and forced talks with Brasília over oil exploration and major infrastructure in the Amazon.
• Selective advances include a Plan of Action on Health and early commitments to the Tropical Forests Forever Fund reported at US$5.5 billion, while negotiations on adaptation metrics stalled with calls from African states for more time.