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illuminem summarises for you the essential news of the day. Read the full piece on France24 or enjoy below:
🗞️ Driving the news: COP30, the UN Climate Change Conference, will be hosted in Belém, Brazil from November 12–16, marking the 10-year anniversary of the Paris Agreement
• While no single theme dominates the agenda, key issues include climate finance, forest protection, and the widening gap between countries’ climate pledges and the 1.5°C target
• Brazil’s government plans to use the Amazonian setting to rally global attention on deforestation and equity in climate action
🔭 The context: This year’s summit follows COP28’s modest commitment to “reduce” fossil fuel use and COP29’s headline promise of $300 billion per year for developing countries by 2035
• However, most countries have yet to submit updated climate plans (NDCs), and many of those submitted fall short
• Experts warn that without stronger action, the world remains on track for 2.6–2.8°C of warming—well above the Paris targets
🌍 Why it matters for the planet: COP30 could shape the future of global climate equity
• Discussions are expected to intensify around how to fund adaptation, mitigation, and loss-and-damage mechanisms in the Global South
• The proposed $125 billion “Tropical Forests Forever Facility” fund and the campaign to tax fossil fuel profits represent efforts to shift climate responsibility toward high-emitting sectors
• Meanwhile, forest loss continues to accelerate, with 8.1 million hectares lost in 2024 alone—6.7 million of them in primary tropical forests crucial for carbon storage and biodiversity
⏭️ What's next: Countries are under pressure to close the ambition gap by submitting credible new NDCs ahead of the summit
• Civil society groups are also pushing for COP30 to become a “COP of the people,” with increased participation from indigenous communities and the Global South
• Negotiations will focus on clarifying the $300 billion annual pledge made in Baku and potentially scaling it up to $1.3 trillion
• Expect debate over funding sources—including public taxation of fossil fuel profits and financial transaction levies
💬 One quote: “It's not about holding a COP for indigenous peoples, but a COP with them.” – Fanny Petitbon, France Director, 350.org
📈 One stat: In 2024 alone, 8.1 million hectares of forest were lost globally—including 6.7 million hectares of primary tropical forest
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