With the US pulling out and China seen as cautious, the conference in Brazil will be a test for the world’s ability to meet the Paris Agreement and finance goals.
By taxing the rich, phasing out fossil fuel subsidies, and reforming global financial rules, the Global North could finance clean energy, disaster relief – and help poor nations adapt to a problem they are the least responsible for.
This year marks a decade since nations successfully negotiated the Paris Agreement, a landmark treaty that has been the guiding force for international climate politics ever since.
COP presidencies tend to seek fresh agreements and ambitious initiatives, but when the celebrations are over, implementation often falls short. That is why Brazil’s COP30 presidency must eschew flashy results in favour of pragmatic pathways to deliver on past agreements.
Oleh
Laurence Tubiana, Carlos Lopes dan Jacinda Ardern
There is scepticism around climate finance through private investments, and if private finance is to play a bigger role, policy reforms ahead of this year’s COP30 are needed. Alternatively, could the G20 or BRICS lead on climate finance?
Oleh
Montek Singh Ahluwalia