The Green Fund (GCF) highlighted a few wins as this year’s COP30 draws to a close, in Belém, Brazil.
Some wins are the launch of an Impact Report, offering insights for years ahead.
In addition,14 countries announced their plans to develop investment platforms in collaboration with the GCF.
The GCF, the Global Environment Facility, CIF, and Adaptation Fund, launched the first Multilateral Climate Funds Joint Results Report, laying ground for greater coherence, transparency and collective learning in climate finance design and delivery.
But talks at the COP30 climate summit in Belém, Brazil, were suspended on Thursday after a fire broke out in the venue, triggering evacuations that halted negotiations between more than 190 delegations.
About 72 countries submitted Nationally Determined Contributions (NDCs). These are national climate plans updated every five years, to boost ambition and speed up implementation.
Heated debates about phasing out fossil fuels, as agreed at COP28, led to an unclear context-based roadmap for the transition to net zero.
Talks also focused on roughly 100 indicators to track progress on adaptation worldwide.
Already 36 governments support the Forest Finance Roadmap, which represents 45% of global forest cover and 65% of GDP.
It aims to close a $66.8 billion annual gap for tropical forest protection and restoration.
Picture: GCF at COP30