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Fearless Rebirth
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COP 30 in Belem: What It Meant for Youth and the Future of Climate Finance
This year’s COP, framed as the “implementation COP,” aimed to move beyond promises and focus on how to make climate commitments real. Yet, deep disagreements on finance, trade, fossil fuel pathways, and other areas delayed progress until the final hours. More than 80 countries pushed for a roadmap to phase out fossil fuels, while many advocates and developing nations called for stronger commitments on climate finance, but the final text fell short of expectations.
Outcome document of the Fourth International Conference on Financing for Development
The leaders committed to “strengthen measures to curb corrupt borrowing and lending, including by enhancing domestic legal frameworks as appropriate, including clarifications regarding the authority to borrow, and fully utilizing UNCAC and its Conference of the State Parties to explore options to make such contracts unenforceable. We will establish a platform for borrower countries with support from existing institutions, and a UN entity serving as its secretariat.
