Overview
- Brazil outlined a multibillion-dollar “Tropenwälder für immer” mechanism that would pay tropical-forest nations per hectare of preserved woodland.
- EU environment ministers agreed a 2040 goal to cut emissions 90% from 1990 levels, allowing up to five percentage points to be met with credits from third countries.
- The United States will not send senior officials, prompting concerns its delegation could hinder consensus under UN rules that require unanimity.
- Negotiators are set to focus on measurable adaptation efforts and climate finance rather than new commitments to phase out fossil fuels.
- UNEP projects roughly 2.8°C of warming under current policies and 2024 averaged 1.5°C above pre-industrial levels as only about one third of parties submitted stronger NDCs by the deadline.