COP30 began this Monday (10), in Belém (PA), with a global appeal for the acceleration of the energy transition. The UN Climate Executive Secretary, Simon Stiell, warned that delays in reducing emissions could lead to “economic stagnation and social setbacks”. He reinforced that the cost of climate inaction is already translating into economic losses and environmental disasters.
According to Stiell, the transition is inevitable and economically advantageous. "Solar and wind energy are already the cheapest in 90% of the world," he stated, adding that investments in clean energy should surpass those in fossil fuels by a ratio of two to one this year.
Brazil was cited as a positive example. According to data from the federal government, 90% of the national electricity matrix is renewable, one of the highest proportions on the planet. President Luiz Inácio Lula da Silva highlighted that the country will present its advances in biofuels, low-carbon agriculture, and clean energy during the conference.
Lula also mentioned the launch of the Forever Rainforest Fund, which guaranteed US$5,5 billion in investment pledges. COP30 "This will be the COP of truth, to inflict a new defeat on the deniers," the president declared.
UN demands swift action
Ambassador André Corrêa do Lago, president-elect of COP30, stated that this should be "the COP of implementation and adaptation," focusing on practical solutions. He advocated for the integration of climate policy, job creation, and science.
Representatives at COP29, held in Azerbaijan, also highlighted the financial role of the transition. The commitment made in Baku foresees the mobilization of US$300 billion per year until 2035, with a goal of reaching US$1,3 trillion from all funding sources.
For Stiell, commitments must translate into action. He advocated tripling renewable energy and doubling energy efficiency by 2030. "Those who opt for timid steps will face stagnation and higher prices, while other economies advance," he warned.
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