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COP30 Sets $1.3 Trillion Climate Finance Target as UAE Confirms Arab Cup Plans and $1B Africa AI Pledge

Brazilian organizers will issue scientific roadmaps to steer the transition after negotiators stopped short of a fossil‑fuel phase‑out.

Overview

  • Countries agreed to mobilize at least $1.3 trillion a year by 2035 for climate action, with adaptation finance to double by 2025 and triple by 2035, and operational steps affirmed for the Loss and Damage fund.
  • Delegates launched the Global Implementation Accelerator and the Belém Mission for 1.5°C, while UN climate chief Simon Stiell said the global shift to low‑emissions development is irreversible.
  • The Brazil COP30 presidency said it will produce two science‑based roadmaps: one for a fair, orderly fossil‑fuel phase‑down and one to halt deforestation, after the final text omitted an explicit phase‑out.
  • The UAE Football Association confirmed coach Olario Cosmin remains under contract through 2027 and will lead the national team at the Arab Cup in Doha, with group matches against Jordan on December 3 and Egypt on December 6.
  • Qatar’s Arab Cup runs December 1–18 with qualifiers on November 25–26 to fill seven places; organizers unveiled the tournament mascot ‘Juha,’ and the UAE announced a $1 billion ‘AI for Development’ initiative for Africa at the G20 in Johannesburg.