COP30 Ends on a Whimper as Belém Declaration Skips Fossil Fuels
The summit set a target to mobilize $1.3 trillion a year by 2035 for climate action
November 25, 2025
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The UNFCCC COP30 climate summit in Belém, Brazil, ended without any mention of fossil fuels, after oil-producing countries Russia and Saudi Arabia blocked a deal to phase out coal, oil, and gas. India joined the naysayers, while the European Union (EU) and the UK made a strong pitch for a transition roadmap.
B.S. Nagaraj
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