Skip to content
May 13, 2026
  • HOME
  • INDIA
  • WORLD
  • SPOTLIGHT
  • BUSINESS
  • LIFESTYLE AND FITNESS
  • OPINIONS
  • SPORTS
  • E-PAPER
  • VIDEOS
  • ABOUT US
INDIA THIS WEEK

INDIA THIS WEEK

A Weekly Newspaper Featuring News & Trends from the Indian Sub-Continent Published from the US Capital

cropped-ITW-05152026FP.webp

Primary Menu
  • HOME
  • INDIA
    • NATIONAL
  • WORLD
    • SOUTH ASIA
    • US NEWS
  • SPOTLIGHT
  • BUSINESS
  • LIFESTYLE AND FITNESS
    • HEALTH
    • TECHNOLOGY
    • CINEMA
  • OPINIONS
    • POEM
  • SPORTS
  • E-PAPER
  • VIDEOS
  • ABOUT US
    • CONTACT US
Watch Video
  • Home
  • WORLD
  • COP30 Ends With Finance Boost but No Fossil Fuel Roadmap
  • WORLD

COP30 Ends With Finance Boost but No Fossil Fuel Roadmap

Published: November 23, 2025 | Updated: November 23, 2025 2 minutes read
Luiz inacio Lula da Silva President of Brazil at COP30 Conference

Belem [Brazil], November 23 (ANI): The COP30 climate summit in Belem closed with a compromise agreement that expands financial support for developing nations but avoids any reference to phasing out fossil fuels, CNN reported. Brazil, which held the COP30 presidency, pushed the deal through after two weeks of tense and extended negotiations among representatives of more than 190 countries. The United States did not send an official delegation to the summit, which ended on Saturday.

India extended strong support to Brazil, praising the COP30 presidency for its inclusive approach and for steering challenging negotiations with fairness. In a “High-level Statement” delivered at the Closing Plenary of the UNFCCC COP30 in Belem, known as the gateway to the Amazon, India welcomed several significant decisions adopted at the conference.

The statement expressed India’s gratitude to the COP President for his leadership, noting it was rooted in inclusion, balance, and the “Brazilian spirit of Mutirão,” and guided COP30 with integrity. India also highlighted that discussions on the Global Goal on Adaptation (GGA) finally acknowledged the overwhelming need for adaptation finance across the Global South.

Despite pressure from the EU, Colombia, Panama, and Uruguay, the final package avoided any mention of fossil fuels — the largest driver of global warming.

Colombia warned that “a consensus imposed under climate denialism is a failed agreement,” while Panama said a deal that does not even name fossil fuels amounts to “complicity.” Juan Carlos Monterrey Gomez, Panama’s special representative for climate change, said, “Science has been deleted from COP30 because it offends the polluters. A ‘Forest COP’ with no commitment on forests is a very bad joke. A climate decision that cannot even say ‘fossil fuels’ is not neutrality, it is complicity. And what is happening here transcends incompetence.”

Saudi Arabia, Russia, and other fossil-fuel-dependent nations opposed any language on transitioning away from oil, gas, or coal.

COP30 President Andre Correa do Lago acknowledged the disagreements and said the presidency would issue separate documents on fossil fuel transition and forest protection, keeping them outside the official deal due to the lack of consensus, CNN reported. He urged countries to continue negotiations beyond COP30.

Under the new agreement, developed countries are urged to triple climate finance for poorer nations by 2035, particularly for adaptation to rising seas, extreme heat, and intensifying storms.

The absence of a U.S. delegation drew questions about the state of multilateral climate cooperation, CNN reported. (ANI)

About The Author

ANI

See author's posts

What do you feel about this?

  • WORLD
Tags: #BelemBrazil #BrazilPresidency #ClimateAction #ClimateAdaptation #ClimateFinance #ClimateNegotiations #ClimateSummit #COP30 #FossilFuelsDebate #GlobalSouth #IndiaAtCOP30 #IndiaThisWeek #UNFCCC

Post navigation

Previous: Over 90 People Dead in Vietnam Floods
Next: Holds Talks With Ukrainian FM, Reaffirms India’s Support for Early End to Conflict and Enduring Peace: Jaishankar

Author's Other Posts

EAM Jaishankar Inaugurates Exhibition on India’s Contributions to Mathematics at UN Headquarters EAM

EAM Jaishankar Inaugurates Exhibition on India’s Contributions to Mathematics at UN Headquarters

May 12, 2026 0
California Mayor Eileen Wang Charged With Acting as Illegal Agent of China Eileen Wang

California Mayor Eileen Wang Charged With Acting as Illegal Agent of China

May 12, 2026 0
Trump Says Tariff Threats Made Countries Accept Deported Migrants, Claims Sharp Fall in Fentanyl Smuggling Trump

Trump Says Tariff Threats Made Countries Accept Deported Migrants, Claims Sharp Fall in Fentanyl Smuggling

May 12, 2026 0
Trump Weighs Renewed Military Action Against Iran Amid Frustration Over Stalled Talks: Report Trump

Trump Weighs Renewed Military Action Against Iran Amid Frustration Over Stalled Talks: Report

May 12, 2026 0

Trending Now

India This Week~May 15, 2026 ITW 05152026FP 1

India This Week~May 15, 2026

May 13, 2026 0
President Trump arrives in China for high-stakes summit with President Xi Jingping Trump in China-ANI-20260513124504 2

President Trump arrives in China for high-stakes summit with President Xi Jingping

May 13, 2026 0
“25 MLAs supported Vijay”: CV Shanmugam rejects EPS’ election as assembly leader amid ADMK vs ADMK showdown AIADMKRebel MLAs-ANI-20260513094331 3

“25 MLAs supported Vijay”: CV Shanmugam rejects EPS’ election as assembly leader amid ADMK vs ADMK showdown

May 13, 2026 0
Tamil Nadu: CM Vijay led TVK govt passes floor test in Assembly with 144 votes in favour TVK chief Joseph Vijay 4

Tamil Nadu: CM Vijay led TVK govt passes floor test in Assembly with 144 votes in favour

May 13, 2026 0

Stories

“We Will Turn It Into Hell for Israel,” Says Hezbollah Chief Naim Qassem as He Rejects Disarmament Talks Hezbollah chief
  • WORLD

“We Will Turn It Into Hell for Israel,” Says Hezbollah Chief Naim Qassem as He Rejects Disarmament Talks

May 12, 2026 0

Subscribe To Our Newsletter

Loading

  • CONTACT US
  • ABOUT US
  • INDIA
  • BUSINESS
  • BUSINESS
  • WORLD
  • Newsletter
  • Videos
  • Live
Copyright © 2026 All rights reserved. | MoreNews by AF themes.