"BELEM, Brazil - After a year of talks, COP30 host Brazil on Wednesday laid out a plan to scale climate finance to $1.3 trillion a year and faced several early signs of the testing political backdrop as the Amazonian city of Belem prepares to welcome world leaders.
The near 100-page document, dubbed the Baku to Belem Roadmap, follows months of talks with stakeholders since the close of last year's event in Azerbaijan.
Providing more finance is central to maintaining trust in multilateral climate efforts as emissions continue to rise, leaving some of the poorest countries at more risk of extreme weather events.
Yet the push to rein in emissions took a fresh knock overnight as the European Union agreed a final-hour deal to cut emissions by 90% by 2040 but only by baking in flexibility that weakens it."
Lisandra Paraguassu, Sudarshan Varadhan and Simon Jessop report for Reuters November 5, 2025.
SEE ALSO:
"Brazil Proposes a New Type of Fund to Protect Tropical Forests" (New York Times)
"UK Opts Out Of Flagship Fund To Protect Amazon And Other Threatened Tropical Forests" (Guardian)
"As World Leaders Enter Climate Talks, People In Poverty Have The Most At Stake" (AP)
"The U.S. Is Skipping This Year’s Climate Summit. For Many, That’s OK." (New York Times)
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