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COP30 in Brazil: Developing Nations Seize Climate Agenda

Summary

  • COP30 underway in Belém, Brazil as nations submit NDC 3.0
  • Global South seeks to shape climate action with focus on justice
  • $6.3-6.7 trillion annual investment needed by 2030 to meet Paris goals
COP30 in Brazil: Developing Nations Seize Climate Agenda

The 30th Conference of Parties (COP30) to the United Nations Framework Convention on Climate Change (UNFCCC) has just commenced in Belém, Brazil. With the COP presidency now held by a developing country, there is an opportunity for the Global South to shape the climate agenda. The focus is on how nations will translate their climate pledges into concrete action, as rising geopolitical tensions, climate risks, and widening ambition gaps make this year's summit a decisive moment.

Countries are expected to submit their third round of Nationally Determined Contributions (NDC 3.0), outlining their global ambition on climate action. To date, 109 countries have already submitted updated NDCs. However, more needs to be done, as the world must invest $6.3-6.7 trillion annually by 2030 to meet the Paris Agreement targets, including $2.3-2.5 trillion in emerging and developing economies alone.

The climate crisis has moved beyond numbers and records to actual impact, with extreme weather events causing excessive damage in regions like South Asia. The breaching of the 1.5°C climate threshold underscores the urgency for ambitious NDCs to reclaim the climate narrative. India has championed the principle of common but differentiated responsibilities and respective capabilities (CBDR-RC), emphasizing the need for climate justice, which is also a key theme in Brazil's NDC.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
COP30 in Brazil is focused on how nations will translate their climate pledges into concrete action, with developing countries seeking to shape the climate agenda.
To meet the Paris Agreement targets, the world needs to invest $6.3-6.7 trillion annually by 2030, including $2.3-2.5 trillion in emerging and developing economies.
The key theme of India's and Brazil's NDCs at COP30 is climate justice, emphasizing the principle of common but differentiated responsibilities and respective capabilities (CBDR-RC).

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