MARKET STRUCTURE · SOUTH AMERICA COP30 concludes without major breakthrough Change COP30 in Belém concluded without agreement to phase out fossil fuels, delayed key climate finance, and without a roadmap to halt and reverse deforestation. Why it matters The outcome preserves a large adaptation-finance shortfall relative to developing-country needs and leaves no negotiated international pathway to phase out fossil fuels or COP-agreed roadmap to halt and reverse deforestation. The Guardian · 8:00 PM More actions Like (sign in) Save (sign in) Share Facebook LinkedIn X / Twitter Copy link