Overview
- Negotiators approved an eight-page compromise that omits any explicit reference to fossil fuels and drops a binding phaseout roadmap backed by more than 80 countries due to pushback from oil- and gas-producing states.
- COP30 President André Corrêa do Lago said he will issue voluntary roadmaps on transitioning away from fossil fuels and on halting deforestation, documents that fall outside the consensus text.
- The agreement calls for wealthy nations to work toward tripling adaptation finance by 2035, roughly $120 billion a year, a slower timeline than many vulnerable countries sought and with funding sources still unclear.
- The United States did not attend, a void cited by negotiators as weakening momentum, while the European Union accepted limited concessions as reactions ranged from cautious praise to sharp criticism from scientists and small nations.
- Side initiatives featured Brazil’s Tropical Forests Forever Facility with about $5.5 billion in pledges and a pledge by seven countries to target near‑zero methane emissions in the fossil fuel sector, as the final text offered only general language on deforestation.