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COP30 Climate Deal Triples Funding, But Fails on Fossil Fuels

11/23/2025

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Summary

Story summary

At the COP30 summit in Brazil, a new climate deal was reached to triple adaptation funding.
The deal did not secure an agreement to phase out fossil fuels, prompting disappointment, including from Colombia.
Experts acknowledged the risk of surpassing the 1.5°C target.
Critics said the pact lacks concrete commitments and favors polluter interests over science.
The agreement includes a plan for a just transition for workers affected by the shift.

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Story summary

At the COP30 summit in Brazil, a new climate deal was reached to triple adaptation funding.
The deal did not secure an agreement to phase out fossil fuels, prompting disappointment, including from Colombia.
Experts acknowledged the risk of surpassing the 1.5°C target.
Critics said the pact lacks concrete commitments and favors polluter interests over science.
The agreement includes a plan for a just transition for workers affected by the shift.