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COP30 Opens in Amazon as Lula Urges Action and Unveils Fossil‑Fuel Transition Plan

Talks pivot to implementation with finance scaling and adaptation metrics at the forefront.

Overview

  • The United States is not participating after President Donald Trump renewed the withdrawal from the Paris Agreement, reshaping the diplomatic landscape in Belém.
  • Brazil and Azerbaijan released a finance roadmap to scale commitments from roughly $300 billion toward about $1.3 trillion per year by 2035 for developing countries.
  • Brazil’s proposed Forest Conservation Fund has backing from more than fifty countries and has attracted multi‑billion‑dollar pledges for tropical forest protection.
  • UN leaders and scientists cautioned that exceeding 1.5°C is now seen as inevitable, with current trajectories pointing toward roughly 2.8°C without faster emission cuts.
  • Negotiators are working on measurable adaptation indicators for directing support to vulnerable nations, even as Brazil faces criticism over new Amazon oil approvals.