COP30 ends without agreement on schedule for phasing out fossil fuels

The UN climate change conference COP30 ended on Saturday. An adopted agreement document sets targets for financial assistance to developing countries.

But it does not address efforts to draw up a schedule to phase out fossil fuels. The meeting in the Brazilian city of Belem started on November 10, and its duration was extended before participants in a plenary session adopted a modified document.

The text calls for efforts to at least triple the financing available by 2035 to help developing countries adapt to climate change. The previous timetable in a draft agreement was by 2030. COP31 will be hosted by Türkiye next year in the Mediterranean city of Antalya.