Global Climate News

The Honourable Julie Dabrusin, Minister of Environment and Climate Change, will lead Canada’s delegation at COP30 in Belém, Brazil (Nov 10–21, 2025). - **Lead of Delegation and Canada Pavilion:** Minister Julie Dabrusin will head Canada’s COP30 delegation; **Jeanne-Marie Huddleston** is Canada’s **Chief Climate Negotiator**. Canada will **host the Canada Pavilion** at COP30 with **60 events** scheduled to showcase Canadian-led dialogues and convene bilateral meetings, high-level roundtables, and whole-of-society events. - Date & location: **November 10–21, 2025 — Belém, Brazil** - Agenda/subject: bilateral meetings, high-level roundtable discussions, Indigenous, civil society, youth, business and provincial/territorial engagement, and showcasing cleaner technologies and climate solutions. - **Endorsements, initiatives, and finance:** Canada **endorsed the Belém 4x Pledge on Sustainable Fuels**, the **Declaration of the Open Coalition on Compliance Carbon Markets**, **joined the Coalition to Grow Carbon Markets**, and **endorsed Brazil’s Call to Action on Integrated Fire Management and Wildfire Resilience**. As **current chair of CREWS**, Canada is hosting the launch of the **CREWS 2030 Strategy** (aiming toward universal early warning coverage by **2027** under the UN Early Warnings for All initiative). Since 2015 Canada has provided **over $8.7 billion** in international climate finance (cited alongside the global **US$100 billion** goal); this support is expected to reduce or avoid **514 megatonnes** of emissions by **2050** and help **14.3 million** people adapt.

The European Commission endorsed the Leaders' Declaration on the Open Coalition on Compliance Carbon Markets, to be adopted at the World Leaders segment of COP30 in Belém. - **Main announcement:** The **European Commission (President Ursula von der Leyen)** endorsed the **Leaders' Declaration on the Open Coalition on Compliance Carbon Markets** (to be adopted at the COP30 Leaders' Segment/Thematic Session 3). The Declaration will be **open for endorsement at Thematic Session 3** and the **Brazilian COP30 Presidency** will convene a **Ministerial Roundtable on 15 November** to discuss the Coalition's next steps. - **Background and details:** The EU created the **Task Force for International Carbon Pricing and Markets Diplomacy** in **April 2024** to support partner countries in building carbon pricing systems; the release cites **EU ETS** achievements: a **50% emissions reduction** in covered sectors since 2005 and **over €250 billion in auction revenue** since establishment. The note also references the **World Bank** finding of **80 carbon pricing instruments in more than 50 countries** covering **28% of global GHG emissions**.

The Directorate-General for Climate Action explains the purpose and significance of COP ahead of COP30 in Belém. - **Main announcement/action:** The briefing outlines COP as the annual UNFCCC decision-making forum and highlights **COP30 in Belém** with priorities on **forest protection**, **climate finance**, support for **climate-vulnerable regions**, emissions cuts and resilience; it notes the **next round of NDCs is due this year** and that the **EU submitted an updated NDC** targeting **66.25%–72.5% emissions reduction by 2035 (vs 1990)**. - **Background and details:** COPs have produced landmark treaties (the **Kyoto Protocol** and the **Paris Agreement**); recent finance commitments include **tripling public support from USD 100 billion to USD 300 billion per year (COP29)** and the **Baku to Belém Roadmap** target to mobilise **USD 1.3 trillion/year by 2035**; the EU reported **€31.7 billion** in public climate finance in 2024 and mobilised **€11 billion** in private finance. - **Event details:** Publication date **7 November 2025**; location **COP30, Belém (Brazil)**; agenda highlights: **forest protection**, **climate finance**, **support for vulnerable regions**, advancing emissions cuts and resilience.

President Luiz Inácio Lula da Silva presented the "Fundo Florestas Tropicais para Sempre" (TFFF) as a mechanism to mobilize private capital for forest conservation. - **Main announcement:** President Lula introduced the **Fundo Florestas Tropicais para Sempre (TFFF)** as an **investment vehicle (not a donation fund)** intended to **generate returns for investors** and **remunerate countries with forests**; he framed the fund as a way to involve **private capital** in forest conservation and to accelerate implementation of prior COP commitments. - **Background and meeting details:** **Prince William** praised the initiative as **unprecedented in potential mobilizable resources** and pledged to **publicize the TFFF globally**; **UK Prime Minister Keir Starmer** confirmed the **United Kingdom's engagement since the fund's conception** and willingness to continue supporting it. Event details: - Date: 6 November - Location: Belém Climate Summit (Belém, Pará, Brazil), meeting held ahead of **COP30** - Agenda/subject: Presentation and promotion of the TFFF and bilateral discussion with the Prince of Wales and the UK Prime Minister regarding support and dissemination

The President Luiz Inácio Lula da Silva launched the Tropical Forests Forever Fund (TFFF) on 6 November 2025 in Belém, Brazil, as a new global investment fund to financially reward countries that preserve tropical forests. - **New financing model and key operational details:** The TFFF is a global mixed-capital **investment fund** (not donations) that pays countries that preserve tropical forests while offering **market-compatible returns** to investors; monitoring will be done via **satellite** with international standards and public data (Brazil's **INPE** cited as existing example). The mechanism targets keeping **deforestation below 0.5%**, may pay **up to $4 per hectare preserved**, covers **~1.1 billion hectares across 73 developing countries**, and is projected to mobilize **$4 billion per year** for conservation. - **Funding, governance and safeguards:** The **World Bank** Board approved hosting the fund's financial mechanism and the **Interim Secretariat**; Brazil pledged **$1 billion** as the first investor. The design expects an initial public/investor contribution of **$25 billion** to be raised in early years, intended to leverage **> $100 billion** of private sector capital later, with governments taking **junior capital** positions and **20% of funds** earmarked for indigenous peoples and local communities; monitoring, sovereign transfers, and national program eligibility (e.g., Bolsa Verde, Payment for Environmental Services) will be defined by national governments in coordination with communities. - Event details: - Date: 6 November 2025 - Location: Belém, Pará, Brazil (launch event as part of COP30 Leaders Summit pre-events) - Agenda/subject: Official launch of the TFFF, presidential speech, presentation of fund structure, discussion of international participation and commitments.

The Office of the Governor announced that California’s statewide greenhouse gas emissions fell 3% in 2023, the third-largest annual percentage decrease since 2000, and highlighted ongoing state climate actions and rulemakings. - **Key announcement:** California reported a **3% drop in statewide GHG emissions in 2023**, equivalent to removing **more than 2.6 million gasoline-powered cars for one year**, and a **21% emissions decrease since 2000** while the **state economy grew 81%** over the same period. The release is based on the **California GHG Emissions Inventory** and an early 2024 estimate indicates continued downward trend (2024 inventory final data to be released in 2026). - **Background and implementation actions:** The state highlighted **two-thirds clean energy in 2023**, **100% clean electricity for parts of almost every day in 2025**, and **record ZEV sales (29.1% of new cars in Q3 2025)**; ongoing policy steps include workshops on **light-duty vehicle standards (Oct 21, 2025)** and **Cap-and-Invest amendments (Oct 29, 2025)**, a posted nationwide **CCUS and CDR project list** with rulemaking expected to be finalized next year (2026), and the **Board will consider Landfill Methane Regulation amendments on November 20, 2025**.

Google has announced a new carbon dioxide removal purchase from Mombak on Nov 06, 2025. - **Main announcement:** Google is purchasing **200,000 tons of CO2 removal** from **Mombak** (a Brazil-based company restoring degraded Amazon land). This purchase is **4x** the size of Google's first deal with Mombak from the prior year. - **Deal actions:** Google will **report transparently** on project impact and **plan to replace credits** where impacts expire. - **Background & implementation details:** **Mombak** uses a mix of **scientific rigor** and **industrial-scale reforestation** to restore native, biodiverse forests in the Amazon. The project is the **first selected by the Symbiosis Coalition** and has been **endorsed by independent experts** for its CO2 measurement approach. - **AI use:** Google DeepMind's **Perch AI** will be used to **quantify biodiversity benefits** of the reforestation.