COP30 Midpoint: Talks Stalled on Finance and Fossil Phase-Out as Mass Climate March Fills Belém

Overview

• Negotiators ended the week without agreement on Article 9.1 finance obligations, a 100‑indicator framework for the Global Goal on Adaptation, or fossil‑fuel phase‑out wording, sending draft texts to ministers for next week’s push.
• Organizers said roughly 70,000 joined the Marcha Global pelo Clima, with Brazil’s environment and indigenous peoples ministers addressing the crowd before a peaceful 4.5‑km procession near the COP site.
• Global Witness and KBPO counted about 1,600 fossil‑fuel–linked lobbyists at COP30 with Blue Zone access, the highest on record and a source of concern for observers.
• New analyses underscored urgency: CAT warned current 2035 NDCs keep the world on roughly 2.6°C, the Global Carbon Project reported record fossil CO2 and a projected 1.1% emissions rise in 2025, and nine scientists urged about 5% annual cuts with rapid fossil elimination.
• An emerging coalition—at least 23 countries by mid‑COP—signaled support for a gradual fossil phase‑out, while the COP presidency reported favorable movement among developing countries on the nonnegotiated action agenda.