COP30 Opens in the Amazon as Brazil Centers Delivery and Finance

Overview

• The two-week UN climate summit begins in Belém, bringing nearly 200 parties to negotiate deeper 2035 targets and concrete funding for implementation.
• Brazil tables a new economy‑wide NDC to cut emissions 59%–67% by 2035 and launches the Tropical Forests Fund with a $1 billion national commitment.
• COP30’s president-designate brands this the “COP of Truth,” pressing for faster implementation as many countries still have not submitted updated NDCs.
• Tensions cloud the talks, with warnings of obstruction by fossil‑aligned states and allegations the U.S. pressured countries to block an IMO shipping pollution levy.
• Operational strains linger with unfinished national pavilions and earlier service lapses, while lodging capacity expanded via cruise ships and Airbnb prices fell 47% since February.