BS EDIT: COP30 Falls Short

By Business StandardPublished On Nov 24, 2025

A Fractured Summit

COP30 ended with an agreement that offers little hope of slowing global warming and sharpens political splits

Fossil-Fuel Road Map Missing

The EU pushed for a phaseout plan. Brics resisted on equity grounds. Saudi Arabia blocked a consensus

Other Key Issues Deferred

Talks on deforestation rules and border taxes like the EU’s CBAM were pushed to later negotiations

Weak Progress on NDCs

Only 120 of 196 nations updated climate plans. Many are inadequate and point to roughly 2.5°C warming

Finance Falls Short

Adaptation finance rises to $120 bn a year, far below the $360 bn needed. Long timelines worry vulnerable nations

A Harder Road Ahead

COP30 failed to build momentum. COP31 in Turkiye faces the tougher task of repairing trust and driving action