COP 30 Belém: Climate Finance, Adaptation, and Just Transitions Explained

Jessica Begley and Axel Eriksson unpack COP 30 in Belém, Brazil, highlighting climate finance gaps, adaptation priorities, and just transitions shaping global climate actions on Green Growth TV.

COP30 building in Belém, Brazil. Source: The Equation

 

What if the key to global climate progress isn’t more promises, but real delivery? In this special episode of Policy on the Go, on Green Growth TV, Toni Ogunbanjo sits with Jessica Begley from the Global Climate and Health Alliance and Axel Eriksson from the UN Secretary-General’s Youth Advisory on Climate Change to break down COP 30 in Belém, Brazil, exploring what works, what doesn’t, and what’s at stake.

During the chat, Jessica reflects on COP 29, pointing out that while it was often called a “finance COP,” many vulnerable countries were excluded from crucial discussions. Without public grant-based finance, these countries end up borrowing just to survive, spending more on debt than on essentials like health and education. Axel highlights procedural hurdles as well, noting that small island states and marginalized groups were often left out of key negotiations, and that consensus was sometimes declared too early, leaving concerns unheard.

Looking ahead to COP 30, Axel explains that the summit is focused on implementation, with three main pillars: finance, technology transfer, and capacity building. Countries have solutions, but they need resources and support to act. Jessica stresses that adaptation finance is particularly underfunded, leaving communities exposed to worsening climate shocks. 

Legal developments also shape the conversation, with Jessica pointing out that recent court rulings now frame climate action as a duty, giving vulnerable countries stronger grounds to hold others accountable and ensuring that the 1.5°C goal is treated as a binding target rather than an aspiration.

Just as Jessica and Axel note, awareness alone isn’t enough, but policies must work hand-in-hand with innovation, and people need to feel the benefits in their daily lives, from prepared cities to resilient livelihoods and fair access to energy. 

Watch the full conversation on Green Growth TV and see how COP 30 could shape global climate action for vulnerable communities.

 

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