Overview
- UN climate chief Simon Stiell opened the summit urging countries to cooperate, warning that unchecked disasters are already costing economies dearly and that lamenting without solutions is not an option.
- Brazil brokered the conference agenda as negotiations shift into technical sessions, and President Lula pressed for a fossil‑fuel transition roadmap as delegates weigh progress on mitigation, adaptation and loss‑and‑damage finance.
- A new UN analysis finds current pledges would cut global emissions about 12% by 2035 from 2019 levels, far short of the roughly 60% drop scientists say is needed, with only about a third of countries having filed updated NDCs.
- Brazil formally launched the Tropical Forests Forever Facility targeting $25 billion in initial capital to protect rainforests and leverage up to $100 billion, with Norway pledging $3 billion over 10 years, China signaling participation and several EU countries indicating support, while the UK did not join the initial backers.
- The United States is absent as President Donald Trump withdraws from the Paris Agreement and is not sending high‑level delegates, a gap many fear will complicate efforts to raise ambition and finalize finance arrangements.