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Leaders' Summit in Brazil Sets Stark Tone for COP30 as Lula Launches Tropical Forests Fund

Key absences sharpened António Guterres' demand for credible cuts backed by finance to shift from promises to delivery.

Overview

  • Brazil unveiled the Tropical Forests Fund with a $1 billion national commitment to remunerate countries that keep tropical forests standing.
  • Lula highlighted a strengthened national climate target and a reported halving of Amazon deforestation, while drawing criticism over new offshore oil exploration.
  • The United States sent no high‑level delegation under President Trump and China was represented by Vice Premier Ding Xuexiang, exposing gaps among top emitters.
  • Guterres called continued fossil‑fuel investment self‑destructive and pressed for immediate emissions reductions, methane cuts, and protection of carbon sinks.
  • Belém hosted visible protests and grappled with limited lodging capacity as negotiators ready the formal COP30 talks starting November 10.