The Fort Worth Press - Trees, targets and trillions: what's on the agenda at COP30?

USD -
AED 3.672498
AFN 63.498607
ALL 82.78735
AMD 368.501999
ANG 1.790403
AOA 917.000233
ARS 1470.935397
AUD 1.448551
AWG 1.80125
AZN 1.694136
BAM 1.718856
BBD 2.018008
BDT 123.091796
BGN 1.69088
BHD 0.376982
BIF 2985
BMD 1
BND 1.297974
BOB 6.938524
BRL 5.200103
BSD 1.001973
BTN 94.864877
BWP 13.624819
BYN 2.814079
BYR 19600
BZD 2.015116
CAD 1.42222
CDF 2269.000131
CHF 0.810875
CLF 0.023222
CLP 913.970582
CNY 6.790496
CNH 6.802015
COP 3430.81
CRC 454.535468
CUC 1
CUP 26.5
CVE 97.375044
CZK 21.317505
DJF 177.719531
DKK 6.57855
DOP 58.550417
DZD 133.670989
EGP 49.723596
ERN 15
ETB 161.535521
EUR 0.88006
FJD 2.24575
FKP 0.754878
GBP 0.758185
GEL 2.645039
GGP 0.754878
GHS 11.22497
GIP 0.754878
GMD 72.50203
GNF 8774.99996
GTQ 7.644241
GYD 209.623413
HKD 7.840915
HNL 26.807458
HRK 6.626024
HTG 131.00145
HUF 313.018979
IDR 17955.45
ILS 2.99632
IMP 0.754878
INR 94.90525
IQD 1312.563167
IRR 1375050.000192
ISK 126.699631
JEP 0.754878
JMD 157.717811
JOD 0.709021
JPY 161.572007
KES 129.398478
KGS 87.449913
KHR 4010.000075
KMF 430.999912
KPW 900.00035
KRW 1537.540179
KWD 0.30898
KYD 0.834996
KZT 487.384102
LAK 22188.337654
LBP 89725.095575
LKR 335.228721
LRD 182.352683
LSL 16.522564
LTL 2.95274
LVL 0.60489
LYD 6.429642
MAD 9.377774
MDL 17.639408
MGA 4185.964758
MKD 54.189119
MMK 2099.387374
MNT 3579.000015
MOP 8.091488
MRU 39.79664
MUR 47.960034
MVR 15.460373
MWK 1737.391847
MXN 17.582298
MYR 4.144989
MZN 63.898816
NAD 16.522564
NGN 1370.503286
NIO 36.867777
NOK 9.82313
NPR 151.78296
NZD 1.769295
OMR 0.384528
PAB 1.001977
PEN 3.39166
PGK 4.394272
PHP 61.597039
PKR 278.668893
PLN 3.76925
PYG 6107.983882
QAR 3.652503
RON 4.615502
RSD 103.302995
RUB 74.501377
RWF 1469.343633
SAR 3.755291
SBD 8.065041
SCR 14.865013
SDG 600.500677
SEK 9.75682
SGD 1.29776
SHP 0.746601
SLE 24.749832
SLL 20969.503664
SOS 572.656446
SRD 37.482985
STD 20697.981008
STN 21.530796
SVC 8.767412
SYP 110.532098
SZL 16.517116
THB 33.385497
TJS 9.293141
TMT 3.51
TND 2.965857
TOP 2.40776
TRY 46.489702
TTD 6.803181
TWD 31.711016
TZS 2625.007993
UAH 44.976754
UGX 3667.442985
UYU 40.189832
UZS 12038.49365
VES 616.865275
VND 26331.5
VUV 118.758526
WST 2.756325
XAF 576.48558
XAG 0.016346
XAU 0.000246
XCD 2.70255
XCG 1.805774
XDR 0.716966
XOF 576.48558
XPF 104.811706
YER 238.649628
ZAR 16.591502
ZMK 9001.205488
ZMW 17.97425
ZWL 321.999592
  • CMSC

    -0.0500

    22.11

    -0.23%

  • CMSD

    -0.1200

    21.96

    -0.55%

  • RBGPF

    0.9600

    61.3

    +1.57%

  • BTI

    1.8400

    60.74

    +3.03%

  • BCE

    0.3900

    23.04

    +1.69%

  • RIO

    -3.7800

    95.58

    -3.95%

  • RELX

    0.3800

    31.21

    +1.22%

  • NGG

    0.6000

    81.57

    +0.74%

  • BP

    -0.4500

    39.33

    -1.14%

  • GSK

    1.3300

    52.07

    +2.55%

  • BCC

    -0.7400

    71.8

    -1.03%

  • JRI

    -0.0200

    12.63

    -0.16%

  • RYCEF

    -0.4700

    18.16

    -2.59%

  • VOD

    -0.0700

    14.05

    -0.5%

  • AZN

    4.5900

    181.02

    +2.54%

Trees, targets and trillions: what's on the agenda at COP30?
Trees, targets and trillions: what's on the agenda at COP30? / Photo: © AFP

Trees, targets and trillions: what's on the agenda at COP30?

This year's United Nations climate summit promises to be symbolic, marking a decade since the Paris Agreement and taking place in the environmentally vulnerable Amazon. But what is actually on the agenda?

Text size:

The marathon negotiations gather nearly every country to confront a challenge that affects them all, but unlike recent editions, this "COP" has no single theme or objective.

That does not mean big polluters will get off easy, with climate-vulnerable nations frustrated at their level of ambition and financial assistance to those most impacted by a warming planet.

Here are the big issues to look for when the two-week COP30 conference starts on November 10 in the Brazilian city of Belem:

- Emissions -

The world is not cutting emissions fast enough to meet the goals of the Paris Agreement, and no amount of pomp and pageantry at COP30 will be able to sugarcoat that uncomfortable reality.

Under the climate accord, signatory nations are required every five years to submit stronger targets for cutting greenhouse gas emissions, thereby steadily raising the collective effort to reduce global warming over time.

The latest round of pledges for 2035 were due in February to give the UN time before COP30 to assess the quality of these commitments.

Most nations missed that deadline, but by early October, about 60 had turned in their revised plans. Few have impressed, and China's target in particular fell well below expectations.

The European Union, riven by infighting, cannot agree on its target, while India is another major emitter yet to finalise its pledge.

A reckoning could be coming in Belem. Brazil -- which described the latest round of pledges as "the vision of our shared future" -- is facing pressure to marshall a response.

- Money -

Money -- specifically, how much rich countries give poorer ones to adapt to climate change and shift to a low-carbon future -- is a likely point of conflict in Belem, as in past COPs.

Last year, after a fortnight of acrimonious haggling, COP29 ended unhappily with developed nations agreeing to provide $300 billion a year in climate finance to developing ones by 2035, well below what is needed.

They also set a much less specific target of helping raise $1.3 trillion annually by 2035 from public and private sources. Developing nations will be demanding some actual detail about this at COP30.

Adaptation finance -- for example, to build coastal defences to protect against rising seas -- is on the formal agenda, with a new fundraising target possibly up for negotiation as an old commitment expires.

- Forests -

Brazil chose to host COP30 in Belem because of its proximity to the Amazon, an ideal stage to draw the world's attention to the vital role of the rainforest in fighting climate change.

At COP30, the hosts will launch a new, innovative global fund that proposes rewarding countries with high tropical forest cover that keep trees standing instead of chopping them down.

The Tropical Forests Forever Fund (TFFF) aims to raise up to $25 billion from donor countries and another $100 billion from the private sector, which is invested on financial markets. Brazil has already kicked in $1 billion.

Clement Helary from Greenpeace told AFP the TFFF "could be a step forward in protecting tropical forests" if accompanied by clearer steps at COP30 toward ending deforestation by 2030.

The destruction of tropical primary forest hit a record high in 2024, according to Global Forest Watch, a deforestation monitor. The equivalent of 18 football fields per minute was lost, driven mostly by massive fires.

W.Matthews--TFWP