November 14 , 2025
15 hrs 0 min
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- COP29 in Baku set the Baku to Belém Roadmap, aiming to mobilize $1.3 trillion in annual climate finance for developing nations by 2035.
- The roadmap outlined five priorities — replenishing, rebalancing, rechanneling, revamping, and reshaping — to expand funding for climate action.
- At COP30 in Belém, Brazil, countries were expected to turn these goals into measurable actions for climate justice and equitable finance.
- The summit placed focus on reforming multilateral development banks (MDBs), enhancing debt relief, and strengthening carbon market integrity.

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