"Before COP30 began, Rebecca Thissen, Global Advocacy Lead for Climate Action Network International, Sustainability In Your Ear that the conference faced a fundamental challenge: "If you want to have an implementation COP, as they've been saying over and over again, you need to put some finance on the table. Otherwise, you're not going to implement any plan." Thissen had warned about this persistent problem:"
"The final agreement calls for increasing climate transition funding to $1.3 trillion annually-less than 1% of global GDP-by 2035. It urges developed countries to lead by donating $300 billion per year. However, the final text includes only weak language that asks wealthy nations to "triple adaptation finance compared to 2025 levels by 2030." In fact, this is a retreat from the 2030 timeline in earlier drafts of the agreement,"
"Approximately 71% of climate finance currently comes in the form of loans rather than grants, forcing vulnerable nations deeper into debt while they try to address a crisis they didn't create. "Those two weeks will never solve the whole problem we are facing. We have to use the COP as kind of a compass to implement the Paris Agreement. But then effort has to come at the regional,"
Negotiations in Belém, Brazil produced a COP30 compromise calling for $1.3 trillion annually for climate transition by 2035 and urging developed countries to donate $300 billion per year. The final text includes only weak language asking wealthy nations to "triple adaptation finance compared to 2025 levels by 2030," representing a retreat from earlier 2030 timelines and falling short of Glasgow commitments to double adaptation funds. The Global Mutirão calls for efforts rather than required actions. Approximately 71% of climate finance arrives as loans instead of grants, deepening debt burdens for vulnerable nations. COP outcomes must be followed by regional and national implementation.
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