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Europe Urges Climate Finance as Major Powers Abstain

11/11/2025

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Story summary
  • At COP30 in Belém, Brazil, in 2025, Europe pushes climate finance for developing nations as the United States, China, and India largely abstain.
  • This absence raises concerns about global momentum against climate change.
  • Ursula von der Leyen, President of the European Commission, calls for substantial support from developed nations.
  • Roman Haider, Austrian lawmaker, argues that COP summits yield minimal results and burden taxpayers.
  • Environmental groups demand ambitious outcomes to restore faith in international cooperation.