At COP30 Leaders’ Summit, leaders rally behind ambitious targets from raising funds for forests to calls for fossil fuel phase-out  Brazilian President Luiz Inácio Lula da Silva called on world leaders to establish a global roadmap to end fossil fuel dependence and honour international commitments to triple renewable energy capacity and double energy efficiency by 2030. He said that it is essential for countries to leave Belém with NDCs aligned with the 1.5°C mission committe

India has entered the global carbon trading arena, recently signing a Memorandum of Cooperation with Japan on the Joint Crediting Mechanism (JCM). The mechanism allows Japan to invest in greenhouse gas-reduction projects in partner countries like India and earn carbon credits in return—making it India’s first bilateral carbon market deal under Article 6.2 (A6.2) of the Paris Agreement. A decade since that landmark climate accord, this move signals how carbon markets are final

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”

At the Loss & Damage Fund board meet in Cebu, developing nations called out rich countries for unpaid pledges, lack of transparency & slow disbursal “The bill for climate finance is due now,” said Harjeet Singh, founding director of the Satat Sampada Climate Foundation, kicking off a press conference held during the Sixth Meeting of the Board of the Fund for Responding to Loss and Damage (FRLD) at Cebu, Philippines. This sentiment was carried in the recorded video message of