What is the Belem Political Package at COP30?

The Belem Political Package is a draft document released at COP30, outlining proposed steps for future global climate action and negotiations.

What are India's updated climate targets for COP30?

India is expected to submit its updated climate targets, known as NDCs, for the 2035 period by the end of December.

Home / Environment / COP30 Draft: Global Climate Action Takes Shape

COP30 Draft: Global Climate Action Takes Shape

Q: How much climate finance is proposed at COP30?

The draft Belem package proposes scaling up climate finance for developing countries to at least $1.3 trillion per year by 2035.

19 Nov

•

Summary

COP30 negotiations focus on draft Belem Political Package for climate action.
Draft calls for $1.3 trillion annual climate finance for developing nations.
World on track for 2.8°C warming; 1.5°C goal remains under threat.

COP30 Draft: Global Climate Action Takes Shape

The UN COP30 Climate Summit in Brazil's Amazon region has entered its crucial final negotiation phase. Negotiators are deliberating the draft Belem Political Package, a crucial document intended to shape the future of global climate action. The COP30 Presidency has urged nations to collaborate closely to finalize these texts swiftly and fairly, with adoption anticipated soon after deliberations.

The draft package addresses several critical climate issues, including trade restrictions, nationally determined contributions (NDCs), and financing mechanisms. A significant proposal calls for scaling up climate finance for developing countries to at least $1.3 trillion per year by 2035, addressing the unmet $100 billion annual goal. It also highlights concerns that current policies are leading to a projected 2.8°C warming by 2100, jeopardizing the crucial 1.5°C target.