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COP30 Presidency presents plan to raise EUR 1.17 billion per year

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 08/11/2026, 18:41:24 UTC.

Briefings

Brazil's COP30 presidency announced a plan to mobilize 1.17 billion euros annually by 2035 to address climate crises, marking a shift from viewing 1.5C warming as a risk to a planning premise. The initiative aims to secure 1.3 billion dollars per year through a mix of public funds, private investment, and new taxes, with Brazil calling top economists to help define funding pathways.

Key points

• Brazil's COP30 presidency presented a plan to mobilize 1.17 billion euros annually by 2035 to address climate crises, marking a shift from viewing 1.5C warming as a risk to a planning premise.
• The initiative aims to secure 1.3 billion dollars per year through a mix of public funds, private investment, and new taxes, with Brazil calling top economists to help define funding pathways.

Context

Brazil's COP30 presidency presented a plan to mobilize 1.17 billion euros annually by 2035 to address climate crises, marking a shift from viewing 1.5C warming as a risk to a planning premise. The initiative aims to secure 1.3 billion dollars per year through a mix of public funds, private investment, and new taxes, with Brazil calling top economists to help define funding pathways.

Limitations

Evidence covers COP30 preparations and the initial 1.3 billion dollar target, but does not include final implementation details, specific funding sources, or outcomes. Data is limited to the document's stated goals and lacks verification of actual mobilization rates or long-term sustainability.

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