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UN Warns World Still Off Track as EU Races for COP30 Deal and U.S. Pulls Back

Belém will center on implementation with adaptation finance, forest protection, carbon markets in focus.

Overview

  • The UN Emissions Gap Report projects 2.3–2.5°C warming based on current national plans, far above Paris Agreement targets.
  • Only about 60–65 parties have filed updated 2035 pledges, leaving major emitters’ commitments incomplete before the Nov. 10 start of COP30.
  • The Trump administration confirmed it will not send high‑level representatives to COP30, which EU climate chief Wopke Hoekstra called a watershed moment.
  • EU ministers meet Tuesday to seal a joint pledge, debating a 2040 90% cut with a potential forest‑sink brake and allowances for foreign carbon credits, from which a 2035 NDC would be set.
  • Brazil is steering an implementation agenda that spotlights adaptation finance gaps and a Tropical Forests Forever Facility designed to reward keeping tropical forests standing.