Tuesday, 02 January 2024 12:17 GMT

Brazil Hosts COP30 Leaders' Summit


(MENAFN- Brazil-Arab News Agency (ANBA)) São Paulo – The Belém Climate Summit will bring together global leaders in Brazil's Pará state on Thursday (6) and Friday (7). The meeting precedes the United Nations COP30 climate summit, which will also take place in the city from November 10 to 21. During the two-day summit this week, representatives of countries and international organizations are expected to give speeches, make announcements, and discuss the main topics of this year's COP30.

According to the event organizers, the summit agenda will include the Leaders' General Plenary and thematic sessions, chaired by the President of Brazil, Luiz Inácio Lula da Silva, covering the topics of climate and nature; forests and oceans; energy transition; ten years of the Paris Agreement; NDCs; and financing.

NDCs, or nationally determined contributions, encompass the set of efforts each country will make to reduce its greenhouse gas emissions and adapt to climate change. Updates to NDCs are expected to be presented, always focusing on the Paris Agreement's goal of keeping global warming preferably to 1.5oC above pre-industrial levels. Brazil announced its NDC at COP29 in Baku, Azerbaijan, last year: to reduce its net emissions by 59% to 67% by 2035 and reach net zero by 2050.

The summit will discuss one of COP30's main topics: financing measures to combat and mitigate climate change and their implementation. The agenda includes a luncheon to launch the Tropical Forests Forever Fund (TFFF), which proposes that countries preserving their tropical forests be financially rewarded through a global investment fund.

President Lula has been in Belém since Saturday (1), attending various activities in the city. He oversaw the delivery of works at the city's port and airport and met with communities living in the Amazon rainforest, including at the Tapajós National Forest. On Monday (3), the Official Gazette published a presidential decree authorizing the deployment of the Armed Forces in Belém from November 2 to 23 due to COP30, which will host delegations from 140 countries and over 50 heads of state and government. Lula is expected to remain in Belém until November 10, the opening day of COP30.

Read more:
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Chocolate sustains forest on island in Pará
The agroforests of Tomé-Açu

Translated by Guilherme Miranda

Ricardo Stuckert/Brazil Presidency

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Brazil-Arab News Agency (ANBA)

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