9m/ 6h
The COP30 UN Climate Summit concluded in Belém, Brazil, after over two weeks of negotiations with nearly 200 countries adopting a weakened climate agreement pledging to limit global warming to 1.5 degrees Celsius and increase financial support for vulnerable nations. Germany committed €1 billion over ten years to conserve the Amazon rainforest, while climate funding for poorer countries will triple to $120 billion annually by 2035, although there are no binding targets to reduce deforestation or phase out fossil fuels. The summit introduced new carbon tariff provisions, launched a voluntary "global implementation accelerator," and revealed geopolitical divides as Brazil coordinated plans despite approving new oil exploration near the Amazon.