Home EsporteCop30 live: Brazil aims for early agreement on ‘big four’ issues | Cop30

Cop30 live: Brazil aims for early agreement on ‘big four’ issues | Cop30

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Cop president to the Guardian: ‘Not many countries are indifferent’ to fossil fuel phaseout

Oil-producing countries need to acknowledge the rise of clean energy, and rich countries will have to provide more assurances on finance if the chasm between negotiating nations at Cop30 is to be bridged, the president of the summit said in an exclusive interview with the Guardian’s Fiona Harvey.

André Corrêa do Lago, the veteran Brazilian climate diplomat in charge of the talks, said: “Developing countries are looking at developed countries as countries that could be much more generous in supporting them to be more sustainable. They could offer more finance, and technology.”

This does not necessarily involve an increase in the headline amount of money to be provided directly from rich world coffers, set last year at $300bn (£230bn) a year by 2035. It could also come from better use of existing finance, Corrêa do Lago added.

“You don’t need more money. You don’t need public money from developed countries. You need to leverage more dollars from each dollar that you have,” he said.

“They can offer not only more resources in banks, in multinational development banks; put more public money in funds like the green climate fund or the global environment facility, but there are an increasing number of alternatives like debt-for-nature swaps and other (instruments).”

The divide over the “transition away from fossil fuels” has emerged as the biggest faultline at the Cop30 talks, now entering their final days in Brazil. On Tuesday, more than 80 countries demanded a roadmap to the transition as a key outcome of the summit, in what some campaigners described as a “turning point”.

But they are likely to face stiff opposition from petrostates such as Saudi Arabia and others who are dependent on fossil fuels. Decisions at “conference of the party” meetings require consensus, so even a handful of states could scupper the roadmap proposal.

“Not only is (the divide) binary, but it is two extremes: one very favourable (to a phaseout) the other very unfavourable. There aren’t many countries that are indifferent,” said Corrêa do Lago.

Check out the full story from my colleagues Fiona Harvey and Jon Watts:

On Wednesday, Carbon Brief revealed the full list of 82 countries supporting some sort of roadmap on transitioning away from fossil fuels.

More than 20 are backing a declaration on the transition being circulated by Colombia. Latin American countries and the Environmental Integrity Group (Mexico, Liechtenstein, Monaco, the Republic of Korea, Switzerland, and Georgia) back a roadmap in official submissions to the UN climate body.

The EU, minus Poland and Italy, have also backed the roadmap and there have been supportive public statements from small island states, as well as the UK, Mongolia and others.

Key events

Damian Carrington

Damian Carrington

Cop30 is a place for Paris Agreement parties to flesh out their climate plans. But it is also a bit of a trade show for countries, trade groups, and NGOs. My intrepid colleague Damian Carrington, the Guardian environment editor, is continuing his analysis (read a previous installment here) of the pavilions at the climate talks. Here are his latest assessments:

Democratic Republic of the Congo: Huge! Like the enormous rainforest it hosts. Real plants too. Top job.

The Democratic Republic of the Congo pavilion Photograph: Damian Carrington/The Guardian

World Nuclear Association: Barren, empty. Like a fall-out zone.

The World Nuclear Association pavilion Photograph: Damian Carrington/The Guardian

Brazil: Fabulous forest vibe. But inexplicably no coffee stand. Did the UK pavilion steal it?

The Brazil pavilion Photograph: Damian Carrington/The Guardian

Japan: Like an Apple store, gadgets out on display. Cool, but fancy tech isn’t going to save us.

Japan’s pavilion Photograph: Damian Carrington/The Guardian

Sweden: Decent effort. But seriously, couldn’t Ikea have provided some funky furniture?

Sweden’s Cop30 pavilion Photograph: Damian Carrington/The Guardian

Planetary sciences: Bravo! A rare pavilion that is just lovely to look at. Unlike the climate science itself which gets uglier each day.

The Planetary Science pavilion Photograph: Damian Carrington/The Guardian

Finland: Uninspiring. But gets a mention for an excellent slogan: “Cool by Nature”

Finland’s pavilion Photograph: Damian Carrington/The Guardian

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