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

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.

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Key events

Some American activists who made the long journey to Cop30 are aiming to spotlight New York City’s mayor-elect Zohran Mamdani, who has much of the US left swooning.

The 34-year-old democratic socialist defeated centrist Andrew Cuomo in the mayoral general election earlier this month — a win that supporters say signals interest in bold climate policy.

A self-described ecosocialist, Mamdani was elected to the New York state legislature in 2020. He has been a vocal backer of policies to phase fossil fuels out of buildings and expand publicly-owned renewable energy, and has supported efforts to stop the buildout of a gas pipeline.

“Zohran’s leadership is inspiring and hopeful to us,” said Jamie Minden, executive director of youth-led climate organization Zero Hour. “He is leading by example, showing how elected officials in the United States must show up for our communities, because we are balanced on the knife’s edge of falling into a future of undisputed climate chaos.

Data show New York City is the third-most emitting city on the planet. But on the campaign trail, Mamdani focused primarily on affordability issues. His environmental policies highlighted the ability to slash planet-warming pollution while lowering costs for New Yorkers.

Another future is possible for our country and for the world, and it starts by following New York City Mayor-Elect Zohran Mamdani’s lead,” said said Keanu Arpels-Josiah, 20, lead organizer with youth-led climate group Fridays For Future NYC & USA.

Check out this story I wrote over the summer about how Mamdani connects climate policy to affordability at the link below.

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Digit is a versatile content creator with expertise in Health, Technology, Movies, and News. With over 7 years of experience, he delivers well-researched, engaging, and insightful articles that inform and entertain readers. Passionate about keeping his audience updated with accurate and relevant information, Digit combines factual reporting with actionable insights. Follow his latest updates and analyses on DigitPatrox.
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