Overview
- Roughly 50,000 participants from nearly 200 countries convene as UN assessments point toward about 2.8°C of warming by century’s end without stronger cuts.
- Brazil launches its rainforest fund TFFF and Germany signals substantial backing, but Berlin’s lead negotiator says no concrete amount will be set during the conference.
- The summit opened without a procedural standoff after the presidency kept contentious agenda items at bay, as President Lula called for a fossil fuel phaseout and greater support for the Global South.
- The U.S. federal government sent no White House delegation, and reporting details recent U.S. pressure that helped stall a global shipping CO2 levy at the IMO.
- Indigenous and social movements hold a large counter-summit in Belém and deliver a charter to Lula, while the least developed countries press for $120 billion a year for adaptation by 2030.