G77 and China Express Regret Over Stalled Adaptation Fund Decision, Say Climate Finance Must Remain “Core” of COP30 Outcomes

At the closing plenary of COP30 in Belém, Brazil, the G77 and China delivered a firm message: climate finance must remain at the heart of global climate negotiations, and progress on adaptation and just transitions cannot be delayed.

The group thanked the COP30 Presidency, UNFCCC Secretariat, and negotiation teams for their work, while emphasizing that the success of the summit must ultimately be measured by how effectively it supports developing countries.

Climate Finance Must Be Scaled Up

The coalition reiterated that scaling up climate finance—both in volume and in quality—is central to fulfilling the principles of the UNFCCC and Paris Agreement. They stressed the need to address “systemic dis-enablers” that block access to finance for developing nations.

Regret Over Lack of Agreement on Adaptation Fund

While welcoming many of the outcomes in Belém, the group expressed deep regret that Parties were unable to reach a decision on the Adaptation Fund, a long-standing priority for developing countries.

They emphasized that the Fund’s effective functioning remains essential and called for renewed commitment to delivering a resolution.

The G77 and China also noted the importance of tripling adaptation finance, a target reflected in the COP30 outcomes.

A Historic Step: Just Transitions Mechanism Established

A major milestone of COP30 was the establishment of the Just Transitions Mechanism (JTM). The G77 and China described it as both a technical and symbolic achievement—one that represents hope, solidarity, and a global commitment to ensuring that no community is left behind in the transition to a low-carbon economy.

They urged that the mechanism be swiftly operationalised at COP31 so that support can reach the countries and communities that need it most.

Looking Ahead: GST, Loss and Damage, Transparency, and Technology

Global Stocktake (GST)

The group welcomed progress and looks forward to the launch of the second Global Stocktake in November 2026, as well as continued engagement through the UAE Dialogue and annual GST dialogue.

Loss and Damage

They welcomed the successful conclusion of the third review of the Warsaw International Mechanism, acknowledging the spirit of solidarity shown by Parties during negotiations.

Transparency Framework

G77 and China praised the decision to establish the Consultative Group of Experts (CGE) as a permanent body and endorsed the three-year programme of activities starting in 2026. They called on developed countries to provide the financial and technical support needed to fully implement the enhanced transparency framework.

Technology

A major highlight was the agreement on new functions and hosting criteria for the Climate Technology Centre and Network (CTCN). The group encouraged UN agencies and other institutions to bid to host the enhanced centre and urged the Presidency to widely circulate the call for proposals.

Response Measures and Capacity Building

The group supported the 2026–2030 workplan of the forum on response measures and welcomed progress on capacity-building efforts under the Paris Agreement and Kyoto Protocol. However, they noted that further discussions are still required, particularly on the Fifth Comprehensive Review under the Convention.

Gender Action Plan

The newly adopted Gender Action Plan was welcomed as an important step. Still, the group warned that its success depends on strengthened financing to enable effective implementation.

Closing Reflections

The G77 and China commended the COP30 Presidency for its hospitality and leadership, underscoring that the summit marked an important chapter in global climate negotiations.

They reaffirmed their commitment to working collaboratively in the months ahead, emphasizing that delivering on finance, adaptation, and just transitions remains essential to ensure climate justice for developing nations.