Overview
- Talks begin with countries still wrangling over the agenda, and COP30 president André Corrêa do Lago signaling a push for progress without requiring a formal decision if consensus proves elusive.
- By Monday morning, 106 governments had filed updated climate plans for 2025–2035, with more expected this week including submissions from South Korea and India, though overall ambition remains short of 1.5°C pathways.
- Brazil launched the Tropical Forests Forever Facility targeting $25 billion in public funding to leverage $100 billion from markets, with Norway pledging $3 billion over 10 years and China signaling support, while the UK has not committed.
- The Baku-to-Belém finance roadmap aims to mobilise $1.3 trillion annually by 2035, including $300 billion for developing countries, as negotiators press for adaptation funding and development bank reforms to unlock private capital.
- The United States under President Donald Trump is exiting the Paris Agreement and skipped the leaders’ segment, leaving a leadership and funding gap as delegates seek to operationalise a transition away from fossil fuels.