Brazil Advocates for Climate Change Action and Funding at COP30

Brazil, hosting COP30, calls for urgent climate action, aiming to mobilize $1.3 trillion annually for developing nations by 2035. COP30 President-designate Andre Aranha Correa do Lago emphasizes the need for a transformative approach and collaborative efforts to combat climate change effectively.

Brazil, as the host nation for COP30, is advocating for a significant shift in the global climate agenda, emphasizing the urgency for action rather than prolonged negotiations. COP30 President-designate Andre Aranha Correa do Lago highlighted the necessity of a turnaround, drawing on football terminology, to inspire hope and collective effort towards climate solutions.

In his communication to UNFCCC parties, Correa do Lago stressed the pressing need for proactive measures against climate change, warning that unchecked global warming would lead to societal and economic disruptions. He called for a united front to forge a better future through concerted action.

Brazil aims to build momentum for COP30 through extensive outreach, essential for gaining consensus and setting negotiation agendas. The conference will occur in Belem from November 10-21, while the backdrop of U.S. disengagement from climate commitments under the previous administration raises concerns over effective climate action.

A pivotal goal for Brazil at COP30 is to secure $1.3 trillion annually in climate finance for developing nations by 2035, significantly surpassing the $300 billion commitment established at COP29 in Baku. To facilitate this, Brazil has introduced the initiative known as the ‘Baku to Belem Roadmap to 1.3T’.

“The incoming COP30 presidency looks forward to working with COP29 to guide this roadmap and scale up climate finance for developing nations. Together, we will present a report summarizing our efforts by COP30,” noted Correa do Lago. Alongside financial goals, Brazil intends to conduct an interim review of climate action since the previous Global Stocktake, prompting discussion on challenges faced.

Further, Brazil seeks to create a “Circle of Presidencies,” uniting past COP hosts and leaders from biodiversity and desertification conventions to exchange expertise and boost climate ambition comprehensively. The vision for COP30 is to shift from negotiations mired in delays to a proactive platform for global climate action.

To sum up, Brazil’s leadership at COP30 signals a crucial transition towards actionable climate strategies. The nation is committed to mobilizing substantial funding and fostering international collaboration to address climate change effectively. This summit aims to galvanize global commitment, shifting from inaction to decisive measures, crucial for sustainable future development.

Original Source: indianexpress.com

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