From calls to reform climate finance to demands for equity and adaptation, experts say COP30 will be the real test of whether global cooperation can still deliver results COP30 is upon us. Amid a global geopolitical churn, where climate has slipped down the priority list, the world will head to Belém, Brazil, for what the COP30 Presidency has called the “Implementation COP”. Last year, the United Nations Framework Convention on Climate Change (UNFCCC) grappled with questions

As Brazil pushes for a global forum linking climate and trade, India stands at a crossroads — resist new carbon rules or reshape them to reflect equity and development The Brazilian COP30 presidency’s push to institutionalise an Integrated Forum on Climate and Trade marks a turning point in international climate diplomacy. This also brings India at a historic crossroads. The emerging coalition of global powers—the European Union, China, and Brazil—signals an irreversible mo

The report says that governments need to repurpose harmful agricultural subsidies and reform international financial institutions A new report revealed that $443 billion a year is needed to meet the climate adaptation costs of smallholder farmers, who produce half of the world’s food calories. The report titled “Feeding the World in a Changed Climate” by Climate Focus for Family Farmers of Climate Action, said that this investment is less than the harmful agriculture subsidi

The report finds that adaptation could add up to 15% GDP in certain vulnerable states by 2050 compared to current policies. A new report found that targeted climate and nature resilience investment could create over 280 million additional jobs in emerging markets and developing economies by 2035, while boosting GDP and unlocking a trillion-dollar market opportunity.  The report titled “Returns on Resilience” was released ahead of COP30 by a consortium of 20 leading adaptatio

The Net-Zero Banking Alliance (NZBA) was established over four years ago but has  struggled to keep its members since the election of US President Donald Trump, who has referred  to climate change as a “hoax.” This alliance, a key part of the broader Glasgow  Financial Alliance for Net Zero (GFANZ) launched in 2021, originally united more than 130  banks managing over $74 trillion in assets. Its purpose was to push member banks to  achieve net-zero greenhouse gas emissions ac

In May 2025, the Ministry of Finance released a document that could reshape India’s financial landscape. The draft Climate Finance Taxonomy framework covering power, mobility, buildings, agriculture, food security, water security, and hard-to-abate sectors, represents more than policy guidance. For Indian financial institutions, this framework isn’t just another regulatory document but a strategic roadmap that helps banks thrive in the next decade as global capital increasing

India’s stance on CBAM has been very critical and has accused the EU of acting against the standards of international trade. A new study found that EU’s carbon border fees on Indian exports are likely to be relatively minor initially. These findings came from Sandbags, a European non-profit think tank, and the Carbon Border Adjustment Mechanism (CBAM) Simulator. The think tank revealed that under initial conditions, EU importers of Indian goods will face costs equivalent to

The report shifts the climate finance debate from how much money to how it flows When Brazil’s Ministry of Finance released the COP30 Circle of Finance Ministers Report  on Wednesday, it didn’t sound like another diplomatic exercise. It reads like a climate finance manual. The report marks a shift from negotiating money to designing systems. Instead of debating how much, it focuses on how — through structural reforms that could make future pledges usable, traceable and fair.

Union environment minister Bhupender Yadav said COP30 at Belém in Brazil should be the COP of adaptation, HT and several other outlets reported. Yadav was speaking at the Pre-COP30 meeting in Brasilia. He said COP30 must send a political message that multilateralism remains the cornerstone of global climate action. “We should all agree on a minimum package of indicators from the UAE-Belem Work Programme, leaving some of the rest for further technical discussion as necessary”

The gaps remain in coordination, social inclusion, and linking long-term goals to today’s policies. A new report revealed that the Paris Agreement has spurred new approaches to climate governance and policy in countries. The report titled “A Decade of National Climate Action: Stocktake and the Road Ahead” from Deep Decarbonization Pathways (DDP) Initiative, an international consortium of researchers working towards decarbonisation, highlighted progress in laying groundwork fo

Blended finance models can also help by attracting private infrastructure for building infrastructure and funding worker reskilling As the world transitions away from fossil fuels to more sustainable forms, there arises the need for equitable and just transition for people working in fossil fuel energy sectors. Ensuring that all workers, especially economically vulnerable ones, are not left behind is one of the biggest challenges that developing nations like India will face.

A new report released by India’s Minister for Steel, Mr. Dharmendra Pradhan today highlights how India’s steel sector could lower its emissions by up to 55% by 2050 by embracing energy and resource efficiency, as well as new low carbon technologies. The report was released at The Energy Resources Institute (TERI)’s World Sustainable Development Summit (WSDS), currently underway at New Delhi. It is part of India’s long term strategies for low emissions growth pathways from 202