After more than eight hours of meetings held in three sessions, the COP30 President said: Andre Correa de Lagoreported this Wednesday (12th). Extended until Saturday Consult with national delegations on four sensitive topics defined at the beginning of the conference. As he pointed out, countries have not yet reached agreement on issues related to climate finance, primarily for developing countries.
“We heard from parties that discussions have matured since the start of consultations, but further meetings are needed to deepen progress and strengthen the environment of trust,” Foreign Minister Correa do Lago said in a plenary session.. “We therefore propose to continue consultations as agreed at the opening of the COP.”
The first point is the most sensitive one at the moment. climate finance For developing countries. Faced with a turbulent geopolitical scenario and the war between Russia and Ukraine, developed European countries are reluctant to allocate funds to combat climate change and are increasing spending on military rearmament.
Other points mentioned by Mr. Correa de Lago are: international cooperation Concerns about unilateral climate-related trade measures and responses to the Nationally Determined Contribution Summary Report (NDC) and the ambition gap in the 1.5°C target. The theme of creating climate transparency will also continue to be discussed during the COP30 Presidency consultations until Saturday.
These four points are considered to be decisive for the progress of multilateral negotiations.
High level of national involvement
Despite the lack of concrete results so far, Mr. Correa do Lago underlined the high level of engagement by each country and the constructive spirit of the discussions.The result, he said, was a “comprehensive proposal to move forward in building bridges, exploring solutions, and achieving results that have real impact in the concrete world.”
“Parties engaged in open and frank discussions on four themes,” said the COP President. “Issues such as implementation and international cooperation are common themes, albeit with different approaches.”
Mr. Correa do Lago reiterated that Brazil, as its COP30 Presidency, attaches great importance to transparency, inclusiveness and predictability of the process. “As we have repeatedly said, there are no surprises on this path,” he concluded.
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