Particle.news
Download on the App Store

COP30 in the Amazon Tests Brazil’s Green Push as U.S. Skips Talks

Brazil’s showcase forest fund faces criticism for clashing with its oil expansion.

Overview

  • The conference is underway in Belém, placing global climate talks in the heart of the Amazon.
  • The United States under President Trump did not attend the leaders’ summit and sent no senior representatives to the technical negotiations, according to the report.
  • Brazil is promoting the $125 billion Tropical Forests Forever Fund, to be managed by the World Bank with public and private financing and annual returns for countries that preserve forests.
  • Weeks before COP30, state oil firm Petrobras secured a license to drill in the Amazon estuary, intensifying scrutiny of Brazil’s environmental stance.
  • The EUMercosur trade deal is expected soon, with cited analyses warning it would expand commodity exports and accelerate deforestation in Mercosur countries.