Overview
- UN Secretary‑General António Guterres called breaching 1.5°C a moral failure and urged faster cuts to fossil fuel use and stronger nature protection.
- Brazil launched a new rainforest conservation fund and secured a pledged Norwegian loan facility of up to 30 billion kroner, while advancing its Tropical Forests Forever concept and broader finance reforms.
- Negotiators are seeking a plan to mobilize about $1.3 trillion a year for developing countries, though the split between grants, loans and private capital remains unresolved.
- The United States is not participating in the leaders’ segment after exiting the Paris Agreement under President Donald Trump, China sent Vice Premier Ding Xuexiang, and India’s prime minister is not attending.
- Belém’s limited lodging and high costs have constrained attendance, and Brazil’s recent authorization of Petrobras oil exploration near the Amazon has drawn criticism alongside its forest‑protection push.