The Japan Times - Trees, targets and trillions: what's on the agenda at COP30?

EUR -
AED 4.35335
AFN 77.050797
ALL 96.614026
AMD 452.873985
ANG 2.121943
AOA 1087.00321
ARS 1723.800654
AUD 1.702936
AWG 2.136666
AZN 2.019869
BAM 1.955248
BBD 2.406031
BDT 145.978765
BGN 1.990709
BHD 0.449191
BIF 3539.115218
BMD 1.18539
BND 1.512879
BOB 8.254703
BRL 6.231008
BSD 1.194568
BTN 109.699013
BWP 15.630651
BYN 3.402439
BYR 23233.647084
BZD 2.402531
CAD 1.615035
CDF 2684.909135
CHF 0.915881
CLF 0.026011
CLP 1027.058063
CNY 8.240537
CNH 8.248946
COP 4354.94563
CRC 591.535401
CUC 1.18539
CUP 31.412839
CVE 110.234327
CZK 24.334287
DJF 212.720809
DKK 7.470097
DOP 74.383698
DZD 153.702477
EGP 55.903178
ERN 17.780852
ETB 185.572763
FJD 2.613371
FKP 0.863571
GBP 0.865754
GEL 3.194674
GGP 0.863571
GHS 12.974143
GIP 0.863571
GMD 86.533903
GNF 10372.164298
GTQ 9.16245
GYD 249.920458
HKD 9.257838
HNL 31.365884
HRK 7.536597
HTG 156.336498
HUF 381.328619
IDR 19883.141804
ILS 3.663335
IMP 0.863571
INR 108.679593
IQD 1553.453801
IRR 49934.560565
ISK 144.985527
JEP 0.863571
JMD 187.197911
JOD 0.840489
JPY 183.433247
KES 152.915746
KGS 103.662825
KHR 4768.236408
KMF 491.93733
KPW 1066.928941
KRW 1719.752641
KWD 0.36382
KYD 0.995519
KZT 600.800289
LAK 25485.888797
LBP 101410.128375
LKR 369.427204
LRD 219.593979
LSL 19.132649
LTL 3.500149
LVL 0.717031
LYD 7.495914
MAD 10.835985
MDL 20.092409
MGA 5260.173275
MKD 61.631889
MMK 2489.287708
MNT 4228.659246
MOP 9.606327
MRU 47.30937
MUR 53.852723
MVR 18.32658
MWK 2059.023112
MXN 20.70407
MYR 4.672854
MZN 75.580924
NAD 18.967522
NGN 1643.520192
NIO 43.508231
NOK 11.437875
NPR 175.519161
NZD 1.96876
OMR 0.458133
PAB 1.194573
PEN 3.994177
PGK 5.066955
PHP 69.837307
PKR 331.998194
PLN 4.215189
PYG 8001.773454
QAR 4.316051
RON 5.097064
RSD 117.111851
RUB 90.544129
RWF 1742.915022
SAR 4.446506
SBD 9.544303
SCR 17.200951
SDG 713.016537
SEK 10.580086
SGD 1.505332
SHP 0.88935
SLE 28.834661
SLL 24857.038036
SOS 677.454816
SRD 45.104693
STD 24535.182964
STN 24.493185
SVC 10.452048
SYP 13109.911225
SZL 19.132635
THB 37.411351
TJS 11.151397
TMT 4.148866
TND 3.37248
TOP 2.854135
TRY 51.47818
TTD 8.110743
TWD 37.456003
TZS 3052.380052
UAH 51.199753
UGX 4270.811618
USD 1.18539
UYU 46.357101
UZS 14603.874776
VES 410.075543
VND 30749.020682
VUV 141.680176
WST 3.213481
XAF 655.774526
XAG 0.014004
XAU 0.000244
XCD 3.203577
XCG 2.153028
XDR 0.815573
XOF 655.774526
XPF 119.331742
YER 282.508153
ZAR 19.136335
ZMK 10669.938133
ZMW 23.443477
ZWL 381.695147
  • SCS

    0.0200

    16.14

    +0.12%

  • BCC

    0.5100

    80.81

    +0.63%

  • CMSD

    -0.0400

    24.05

    -0.17%

  • BTI

    0.4600

    60.68

    +0.76%

  • CMSC

    0.0500

    23.76

    +0.21%

  • BP

    -0.1600

    37.88

    -0.42%

  • GSK

    0.9400

    51.6

    +1.82%

  • RBGPF

    1.3800

    83.78

    +1.65%

  • RIO

    -4.1000

    91.03

    -4.5%

  • AZN

    0.1800

    92.77

    +0.19%

  • BCE

    0.3700

    25.86

    +1.43%

  • JRI

    0.1400

    13.08

    +1.07%

  • NGG

    0.2000

    85.27

    +0.23%

  • VOD

    -0.0600

    14.65

    -0.41%

  • RYCEF

    -0.4300

    16

    -2.69%

  • RELX

    -0.3700

    35.8

    -1.03%

Trees, targets and trillions: what's on the agenda at COP30?
Trees, targets and trillions: what's on the agenda at COP30? / Photo: Carlos Fabal - AFP

Trees, targets and trillions: what's on the agenda at COP30?

This year's United Nations climate summit promises to be symbolic, marking a decade since the Paris Agreement and taking place in the environmentally vulnerable Amazon. But what is actually on the agenda?

Text size:

The marathon negotiations gather nearly every country to confront a challenge that affects them all, but unlike recent editions, this "COP" has no single theme or objective.

That does not mean big polluters will get off easy, with climate-vulnerable nations frustrated at their level of ambition and financial assistance to those most impacted by a warming planet.

Here are the big issues to look for when the two-week COP30 conference starts on November 10 in the Brazilian city of Belem:

- Emissions -

The world is not cutting emissions fast enough to meet the goals of the Paris Agreement, and no amount of pomp and pageantry at COP30 will be able to sugarcoat that uncomfortable reality.

Under the climate accord, signatory nations are required every five years to submit stronger targets for cutting greenhouse gas emissions, thereby steadily raising the collective effort to reduce global warming over time.

The latest round of pledges for 2035 were due in February to give the UN time before COP30 to assess the quality of these commitments.

Most nations missed that deadline, but by early October, about 60 had turned in their revised plans. Few have impressed, and China's target in particular fell well below expectations.

The European Union, riven by infighting, cannot agree on its target, while India is another major emitter yet to finalise its pledge.

A reckoning could be coming in Belem. Brazil -- which described the latest round of pledges as "the vision of our shared future" -- is facing pressure to marshall a response.

- Money -

Money -- specifically, how much rich countries give poorer ones to adapt to climate change and shift to a low-carbon future -- is a likely point of conflict in Belem, as in past COPs.

Last year, after a fortnight of acrimonious haggling, COP29 ended unhappily with developed nations agreeing to provide $300 billion a year in climate finance to developing ones by 2035, well below what is needed.

They also set a much less specific target of helping raise $1.3 trillion annually by 2035 from public and private sources. Developing nations will be demanding some actual detail about this at COP30.

Adaptation finance -- for example, to build coastal defences to protect against rising seas -- is on the formal agenda, with a new fundraising target possibly up for negotiation as an old commitment expires.

- Forests -

Brazil chose to host COP30 in Belem because of its proximity to the Amazon, an ideal stage to draw the world's attention to the vital role of the rainforest in fighting climate change.

At COP30, the hosts will launch a new, innovative global fund that proposes rewarding countries with high tropical forest cover that keep trees standing instead of chopping them down.

The Tropical Forests Forever Fund (TFFF) aims to raise up to $25 billion from donor countries and another $100 billion from the private sector, which is invested on financial markets. Brazil has already kicked in $1 billion.

Clement Helary from Greenpeace told AFP the TFFF "could be a step forward in protecting tropical forests" if accompanied by clearer steps at COP30 toward ending deforestation by 2030.

The destruction of tropical primary forest hit a record high in 2024, according to Global Forest Watch, a deforestation monitor. The equivalent of 18 football fields per minute was lost, driven mostly by massive fires.

S.Ogawa--JT