Overview
- Delegates launched the Open Coalition on Compliance Carbon Markets to align emissions‑trading systems across early participants including the EU, China, Canada, the UK, Mexico, Chile and Zambia.
- Ministers rallied around a TAFF roadmap for transitioning away from fossil fuels, with backers citing support from roughly 80 countries and Germany publicly endorsing a plan for a just, orderly exit.
- Brazil’s COP30 presidency released a nine‑page “Global Mutirão” draft offering competing options on mitigation, finance and trade, as China and India pressed for a stance against measures like the EU’s CBAM and the EU cautioned against reopening finance deals.
- Germany committed €60 million to the Adaptation Fund, pledged €138 million over five to ten years for renewable‑grid expansion in the global South, and said Mexico became the 47th member of its climate club.
- The latest Climate Change Performance Index presented in Belém showed Germany dropping six places to 22, reflecting policy backsliding even as experts reported continued momentum in renewables globally.