HT@Belem: No fossil fuel phase-out road map, COP30 text has elements on finance | Hindustan Times

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COP30 reopened following a fire on Thursday. (AP)

HT@Belem: No fossil fuel phase-out road map, COP30 text has elements on finance

At COP30, a crucial draft agreement was uploaded, omitting a fossil fuel phase-out roadmap, which many developing nations opposed. Instead, it emphasizes limiting global warming to 1.5°C. The text also calls for a global mobilization against climate change and stresses developed countries' financial responsibilities to assist developing nations. Background efforts include addressing unilateral trade measures impacting developing countries.

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