Overview
- After all-night talks and EU pressure, countries approved the Belém agreement that omits any mention of fossil fuels or a phase-out roadmap.
- The package launches voluntary implementation tracks — the Global Implementation Accelerator and the Mission Belém 1.5 — without binding targets or timelines.
- The text strengthens recognition of Indigenous and Afro-descendant rights and advances work toward a UNFCCC mechanism for a just transition.
- The outcome urges at least a tripling of adaptation finance by 2035, notes a 2025 goal of $300 million for the Adaptation Fund, and records $817.01 million in new pledges for the Loss and Damage Fund.
- Frustrated by the omission, Colombia and partners will host a ministerial in Santa Marta on April 28–29, 2026 to press a fossil-fuel phase-out agenda.