Overview
- Talks begin in Brazil without the United States under President Donald Trump and with key 2035 climate roadmaps still missing from several major emitters.
- Brazil formally launches the Tropical Forest Forever Facility targeting $125 billion, with early pledges above $5 billion including $3 billion from Norway.
- Official data show Brazilian Amazon deforestation fell 11% year over year to its lowest level since 2014, though recent drought and fires remain a concern.
- The Green Climate Fund reports a record $3.26 billion raised this year, as the OECD says the $100 billion goal was probably met in 2023 and COP29 set a new $300 billion‑by‑2035 target with a $1.3 trillion aspiration including private finance.
- Methane action is expected to advance at COP30, and Bloomberg Philanthropies has announced a new $100 million commitment to curb emissions, with France also preparing to push new solidarity contributions and fossil‑fuel phase‑out steps.