Login | Join Member | Subscription | Corporate Partnership

COP30 Leaders Summit: Quadruple sustainable fuels, new carbon coalition, $5.5 bln for rainforests

EN
Add to Favorites


COP30 leaders’ summit ended with grand commitments on sustainable fuels , carbon markets and forests. What comes next will determine whether these pledges turn into real progress. (Photo: Aline Massuca/COP30 Brasil Amazônia

COP30 opened with bold pledges. At the leaders’ summit on Nov. 6 and 7, countries agreed to quadruple sustainable fuel use, expand Brazil’s carbon market coalition, and channel USD 5.5 billion toward rainforest protection. The real test, however, will be turning these promises into action.

Expand sustainable fuels at least 4 times by 2035

Endorsed by 19 countries including Japan and India, the “Belém Commitment for Sustainable Fuels,” or “Belém 4x,”aims to quadruple the use of sustainable fuels by 2035 compared with 2024 levels. Leaders said the initiative will provide high-level political backing for scaling up the global production and use of sustainable fuels.

While several existing international initiatives promote sustainable fuels, the Belém 4x seeks to serve as a unified political platform to accelerate collective action and industry growth worldwide, helping the aviation, shipping, road transport, and industrial sectors reduce carbon emissions.


The “Belém 4x” aims to quadruple the use of sustainable fuels by 2035. Buses and power generators at COP30 run on renewable fuel supplied by Petrobras, Brazil’s partly state-owned petrochemical and biofuels producer. (Photo: Petrobras)

Don't fall behind the market
Carbon prices, CBAM rules and energy policy shift weekly. Subscribe to unlock this article and all of RECCESSARY's market intelligence.
MONTHLY
US$9.90 /mo
Full flexibility — cancel anytime
Subscribe monthly
BEST VALUE · SAVE US$19.80
ANNUAL
US$8.25 /mo US$9.90
US$99 billed annually · 2 months free
Start your 14-day free trial
Unlimited article access Green power & carbon price data Members-only newsletter Report downloads
New readers enjoy a 14-day free trial · Already a member?
Back

More Related News

TOP
Download request

Please fill out the form to download samples.

Name
Company
Job title
Company email
By using this site, you agree with our use of cookies.