"The climate conference got off to a flying start last week with a rapid agreement on the agenda, but then quickly became snarled up in dispute over four subjects: trade, transparency, finance, and how to address the shortfall between the emissions cuts planned by countries and those required to limit global heating to the 1.5C target of the Paris agreement."
"Developing countries insist on much higher levels of climate finance from wealthy industrialised countries to assist with the energy transition and compensate for the loss and damage that is already being suffered as a result of global heating. There have been more fruitful talks on a just transition for those affected by the move to a low-carbon economy, with a big push from the G77 group of countries, China and labour unions to adopt a Belem Action Mechanism on this topic."
"A fossil fuel phase out is not part of the official Cop30 agenda, but this fundamental issue has been bubbling away throughout the past week, and at a volume that has rarely been heard before. The Brazilian presidency is seeking a space within the process for talks on a roadmap to accelerate the transition with strong support from many global south nations and island states that"
Tens of thousands of climate, nature and land activists demonstrated in Belem, energising the start of COP30's second week as ministers arrive for political negotiations. Negotiators reached rapid agreement on the agenda but stalled over trade, transparency, finance and the emissions shortfall against the 1.5C Paris goal. Developing countries demand substantially more climate finance for energy transitions and loss and damage compensation. Talks progressed on a just transition, with the G77, China and labour unions pushing a Belem Action Mechanism and a draft referencing critical minerals. Debates also focused on adaptation and climate disinformation. A fossil fuel phase-out remains unofficial but increasingly prominent, and the Brazilian presidency is seeking space for a roadmap backed by many global south and island states.
Read at www.theguardian.com
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