In a pivotal outcome at COP30 in Belém, Brazil, countries agreed on a sweeping package to scale up climate finance and accelerate implementation of the Paris Agreement – but without a clear commitment to move away from fossil fuels.
“A new economy is rising, while the old polluting one is running out of road.”
That was the message from UN climate chief Simon Stiell as COP30 wrapped up following marathon talks on Friday night which stretched into sunrise Saturday – signaling a turning point for climate ambition and global solidarity.