COP30 agrees on finance and forests but not on fossil fuel timelines
The 30th Conference of the Parties (COP30) to the United Nations Framework Convention on Climate Change (UNFCCC) concluded on November 22, having extended one day beyond its scheduled end. COP30 ended with the Global Mutirão Agreement, a political package that sets a new climate finance target and commits countries to prepare two major roadmaps. One will focus on ending deforestation, and one will outline a transition away from fossil fuels. The agreement avoided binding phase-out…