BELEM, Brazil — The 30th UN Climate Change Conference (COP30) is taking place in Belem, drawing nearly 200 countries together to tackle climate challenges. The event runs until November 21, with a key goal of keeping global temperature rise below 1.5 degrees Celsius.
As nations prepare new Nationally Determined Contributions (NDCs), only about a third have submitted more ambitious plans, as required by the Paris Agreement. This raises concerns about the global commitment to combat climate change. A recent report indicated that carbon dioxide emissions from fossil fuels are expected to reach a record 38.1 billion tonnes this year, highlighting the urgent need for action as energy demand continues to outpace renewable energy solutions.
UN Secretary-General Antonio Guterres emphasized the need for united efforts. He called for a pathway to raise $1.3 trillion annually for developing nations by 2035, with $300 billion coming specifically from developed countries. This funding is vital for supporting climate resilience in vulnerable regions.
Brazilian President Luiz Inácio Lula da Silva stressed delivering on promises instead of empty words. He pointed out that the solutions to climate challenges lie in collaboration, especially between wealthy nations and those that are still developing. Lula also recalled the Earth Summit in Rio over 30 years ago, a moment that ignited global environmental multilateralism, and stressed that COP30 aims to reignite that spirit.
China’s approach to green technology gained attention at COP30. Its emissions trading system, which now includes major industries like steel and cement, reflects its commitment to climate action. Chinese officials reported significant trading volumes and emphasized the importance of tailoring markets to national conditions while improving data management for efficiency.
Valerie Hickey from the World Bank praised China’s system as a growing model for market efficiency. Experts agree that collaboration will be essential in tackling climate challenges and promoting eco-friendly growth.
With developing nations stepping up despite a lack of support from wealthier countries, there’s a growing recognition that climate finance needs to be a priority. The conference serves as a critical platform for nations to come together and renew their commitments to the planet. This moment in history might just be the turning point needed to spur substantial change for a sustainable future.
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Brazil-China-COP30,Xinhua Headlines
