Two weeks before Brazil hosts the COP30 summit in the Amazon city of Belém, its state-run oil firm Petrobras has been granted a licence to explore for oil in an offshore block in the mouth of the Amazon River, a move criticised by campaigners as undermining the country’s climate leadership.
After five years of discussions, Brazil’s government approved an environmental permit for Petrobras to drill an exploratory oil well in block FZA-M-59 in the Foz do Amazonas Basin, in Amapá state.
The offshore site is 540 kilometres from the mouth of the Amazon River, near the border with Guyana. As Climate Home News previously reported, almost 20% – 5.3 billion barrels of oil equivalent – of global oil reserves identified between 2022 and 2024 are located in the Amazon, primarily along South America’s northern coast between Guyana and Suriname.
The licence for block FZA-M-59 was earlier denied in 2023, when experts at environmental agency Ibama concluded that Petrobras had failed to present a solid impact mitigation and emergency response plan. But after the company made adjustments, it said on Monday it had been given permission to proceed.
The company said the drilling is expected to start right away and last around five months, adding that no oil will be produced for now.
Observatório do Clima, a coalition of Brazilian climate groups, said it is planning to challenge the decision in court and “denounce the illegalities and technical failures in the licensing process” in a bid to render the licence null and void.
Suely Araújo, the network’s coordinator of public policies, described the issuance of the license as “a double sabotage”.
“On the one hand, the Brazilian government acts against humanity by stimulating further fossil expansion, contradicting science and betting on more global warming. On the other hand, it hinders COP30 itself, whose most important delivery needs to be the implementation of the determination to phase out fossil fuels,” she said.
Ilan Zugman, Latin America and Caribbean Director at climate campaign 350.org, said that “authorising new oil licenses in the Amazon is not just a historic mistake – it’s doubling down on a model that has already failed”, adding that it produces profits for a few but can bring violence for locals.
“Brazil must take real climate leadership and break the cycle of extraction that has led us to the current climate crisis,” he said.
Brazilian energy ministry defends decision
Announcing the decision to grant the licence, Brazil’s Minister of Mines and Energy Alexandre Silveira said the oil in the Equatorial Margin region “represents the future of our energy sovereignty”.
He said Brazil had made “a firm and technical defence” to ensure that exploitation “is done with full environmental responsibility, within the highest international standards, and with concrete benefits for Brazilians and Brazilians”.
The Amazon rainforest emerges as the new global oil frontier
The ministry said in a press release that the FZA-M-59 block “has the potential to open a new exploratory frontier”, with the activity expected to generate more than 300,000 direct and indirect jobs, strengthen the local economy and boost royalty revenues.
Silveira also argued that Brazil’s oil “is one of the most sustainable in the world, with one of the smallest carbon footprints per barrel produced”, ahead of countries such as Canada, the UK and Russia.
ICJ warns on state support for fossil fuels
Campaigners said that the decision goes against recent rulings by the Inter-American Court of Human Rights and the International Court of Justice (ICJ), which reinforce countries’ commitments to protect the climate.
In a landmark advisory opinion issue in July, the ICJ mentioned granting fossil fuel exploration licenses as one example of state policies that could constitute “an internationally wrongful act”.
The International Energy Agency, meanwhile, has said that no new fossil fuel projects are needed if global emissions are to fall to net zero by 2050 in line with limiting warming to 1.5C, as governments said they would aim to do under the Paris Agreement.
Carlos Nobre, co-chair of the Amazon Scientific Panel, warned that ignoring such advice could see global warming hit 2C, threatening to push the Amazon rainforest across an irreversible tipping point.
“Beyond eliminating all deforestation, degradation and fires in the Amazon, it is urgent to reduce all fossil fuel emissions. There is no justification for any new oil exploration. On the contrary, rapidly phasing out existing fossil fuel operations is essential,” he said.
Luiz Inácio Lula da Silva, Brazil’s president, backs oil exploration in the country – already the world’s eighth-largest producer – arguing that the profits could be used to finance the transition to clean energy. “I dream of a day when we no longer need fossil fuels, but that day is still far away. Humanity will depend on them for a long time,” he said in a speech back in February in Pará, the state that will host COP30.
After the licence was approved, Clara Junger, campaign coordinator for Brazil at the Fossil Fuel Non-Proliferation Treaty Initiative, refuted Lula’s perspective. “This decision undermines commitments to the energy transition and puts communities, ecosystems, and the planet at risk. Contrary to official claims, oil revenues contribute almost nothing to the transition – only 0.06%,” she said in a statement.
Banks pour billions into Amazon oil and gas
Back in 2023, at COP28 in Dubai, countries agreed to “transition away from fossil fuels in energy systems”. Earlier this year, Brazil’s Environment Minister Marina Silva suggested COP30 could result in a roadmap to guide a “planned and just transition” to end fossil fuels, although there has been little advance since.
Livia Duarte, a congresswoman from Pará State, said a global agreement to phase out fossil fuels is needed, especially in the Amazon. “Corporate profit should never take precedence over life on the planet. Granting a license in Block FZA-M-59, in the Amazon River estuary basin, is a dangerous choice for Brazil,” she added.
On Tuesday, new data published in the Banks vs. the Amazon scorecard, showed that Brazilian and international banks have extended an additional $2 billion in direct financing for Amazon oil and gas projects – including to Petrobras – since the beginning of 2024.
In a statement, green group Stand.earth said that by financing these projects, “banks are fuelling both the climate crisis and the destruction of the Amazon, instead of backing the just energy transition urgently needed”. It called on them to implement Amazon oil and gas financing exclusion policies to protect Indigenous communities and “help avert Amazon’s imminent tipping point”.
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Ahead of COP30, Brazil grants Petrobras a licence to drill for oil in Amazon region
Climate Change
UN chief urges countries to adopt fossil fuel transition plans with timelines
The head of the United Nations has called on all countries to deliver plans for phasing out their production and consumption of fossil fuels, as rising oil prices and climate shocks threaten energy and human security.
In his farewell speech to the UN General Assembly (UNGA) in New York on Tuesday, outgoing UN Secretary-General António Guterres for the first time urged “every government to adopt a national plan to transition away from fossil fuels” aligned with limiting warming to 1.5C. The plans, he said, should include “clear timelines and protection for affected workers and communities”.
“We know fossil fuel interests won’t step aside on their own. For decades, Big Oil has treated the atmosphere as an open sewer – and cashed in on the consequences,” Guterres told diplomats in his speech opening the leaders’ segment of the assembly, also calling out the industry’s windfall profits after Russia’s invasion of Ukraine.
At last year’s COP30 climate summit in Belém, a group of about 80 governments led a failed push to develop a global roadmap to transition away from fossil fuels. Brazil instead proposed to draft a voluntary report that will be presented this year ahead of COP31 after countries and organisations submitted their views to the process.
Governments first agreed to transition away from fossil fuels in energy systems at COP28 in Dubai in 2023, but have since failed to agree at UN climate talks on how to move forward with that commitment, as efforts to do so have been effectively blocked by large fossil fuel-producing countries.
France, Netherlands issue plans
A few countries have moved forward with their own transition plans. France launched the first one at an international conference on the issue in April and the Netherlands followed suit this month. Not being major fossil fuel producers, both European nations aim to end their coal, oil and gas consumption by 2050, although the Dutch plan was criticised for not setting specific phase-out dates for the dirty fuels.
Adão Soares Barbosa, climate ambassador from Timor-Leste and chair of the Least Developed Countries (LDC) group in the UN climate negotiations, told a press briefing on Tuesday that last year’s discussions on shifting away from fossil fuels need to continue at COP31, adding that developed countries should lead the way with transition plans and curb their use of fossil fuels.
“We are expecting that we can make a request to major-emitting countries to limit emissions from this sector,” he said. “For LDCs, we’ll also try to reduce fossil fuel use, but it will depend on national circumstances.”
Samoa’s lead negotiator Anna Rasmussen said small island states have outlined their energy transition plans in their nationally determined contributions (NDCs) – countries’ plans for meeting the Paris Agreement goals – but added “we’re still waiting” for climate finance to help implement those plans.
Despite the global push to clean up the energy mix, countries leading climate talks are themselves also expanding fossil fuel production. COP31 co-presidents Australia and Türkiye have both recently given the green light to mine and drill more coal, oil and gas, and still depend on fossil fuels for 60% and 56% of their electricity production respectively.
Fossil fuel expansion threatens COP31 hosts’ credibility, experts warn
COP30 host nation Brazil has also persisted with its plans to explore potential new oil reserves near the mouth of the Amazon River – a region known as the Equatorial Margin.
These are moving ahead despite President Luiz Inácio Lula da Silva announcing last year at the Belém climate summit that the country would develop its own fossil fuel phase-out plan. This is still under development with little information about its progress and may be hampered by elections next month.
“We have achieved our self sufficiency in oil and will continue to explore the potential of new reserves, such as those in the Equatorial Margin,” Lula said in his speech to the UNGA on Tuesday. “But we will not abandon the environmental agenda,” he insisted. “We will move forward with the roadmap for the decarbonisation of the Brazilian economy.”
Transition far cheaper than status quo
Speaking at the main Climate Week NYC venue, Mads Christensen, executive director of Greenpeace International, said given the fast-shifting cost dynamics for both fossil fuels and renewables, countries should revise their existing energy plans because they are now out of date.
Gas power generation now costs around 150 euros per megawatt compared with around 50 euros for solar with battery storage – making the latter two-thirds cheaper.
“If these plans were updated, I think we would have a much faster transition because it simply makes good financial sense,” he said.


Tzeporah Berman, founder and chair of the Fossil Fuel Treaty Initiative, told Climate Home News that the Santa Marta process for transitioning away from fossil fuels (TAFF), launched at April’s conference, could help countries discuss, design and develop their national roadmaps, as well as mobilise the international cooperation required to actually deliver them.
“Many countries want not only national roadmaps but a global roadmap off the highway to hell,” she added. “A global plan is necessary to ensure the rules aren’t rigged against those who want to do the right thing and so all countries can make credible commitments.”
The second TAFF conference will be held in the Pacific island nation of Tuvalu next spring, co-chaired by Ireland. In New York, Tuvalu’s climate minister Maina Vakafua Talia called for stepped-up efforts to tackle the fossil fuel use that is threatening his country’s “demise” by driving global warming.
“The world is running out of time, and so I ask every government to come to… Tuvalu with solutions – real solutions, not false solutions – for us to ensure that we have a pathway and a way forward,” he urged.
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UN chief urges countries to adopt fossil fuel transition plans with timelines
Climate Change
COP31 electrification pledge leaves out clean power commitment
COP31’s flagship initiative to accelerate the electrification of the world’s economy has been criticised for failing to include a commitment to produce the power from clean energy.
Governments that sign the voluntary pledge at this year’s UN climate summit will commit to increasing electricity’s share of total energy consumption to 35% globally by 2035 in line “with pathways consistent with keeping 1.5C alive”, the text unveiled by the Turkish presidency on Tuesday says.
While the document says that the electrification goal is “complementary to efforts to expand renewable energy and improve energy efficiency”, governments are not explicitly asked to commit to producing the extra power with clean sources and driving down greenhouse gas emissions.
The text instead says the “use of clean electricity” will vary according to national circumstances. Fossil fuels are not mentioned by name, although the pledge cites the COP28 Global Stocktake decision, which called for “transitioning away from fossil fuels” in energy systems.
COP31 president Murat Kurum said earlier this month that the push to make electrification more “widespread” – through measures like the rollout of electric vehicles and heat pumps – will “automatically” lead to a reduction in the use of fossil fuels.
But many campaigners disagree, criticising the proposed pledge for failing to give an explicit signal on the fossil fuel transition.
Lack of clarity on energy sources
“Let’s not let electrification become the Trojan horse of our times, used to hide new fossil fuel consumption rather than promote renewable energy,” Claire Smith from civil society umbrella group Beyond Fossil Fuels said in reaction to the pledge’s publication.
She added that the commitment will only help address the climate crisis if electrification is powered by a flexible energy system where solar and wind are complemented by enhanced grids and storage.
The pledge’s text says that the electricity goal should be supported by “diverse and sustainable energy sources”, but it stops short of explaining what these sources are.
Alden Meyer, an international climate policy expert and senior associate at think-tank E3G, said the details of the pledge matter to how effective it will be in helping bring planet-heating emissions down.
“It has to be clean, and we haven’t got enough clarity on a guarantee that it will be a decarbonisation move,” he told Climate Home News.
China’s industrial engine starts to break its fossil fuel habit
According to an annual electricity review from energy think-tank Ember, in 2025 renewables edged ahead of coal power for the first time in 100 years. Continued growth in solar and wind pushed the share of renewables above a third of global electricity generation to just under 34%, compared with coal at 33%, it said.
Janet Milongo, energy Transition lead at CAN International, said success cannot be measured simply by how much of the world’s final energy consumption becomes electric.
“We must ask what generates that electricity, who has access to it, who owns the infrastructure, and whether it is helping communities transition away from fossil fuels,” she added.
Electrification alone can’t meet climate goals
Analysis published by the IEA on Tuesday, alongside the pledge, found that it would already be cost-effective to raise electricity’s share of global energy use from 23% today to around 33% with existing technologies, putting the COP31 goal “within striking distance”. Based on current policies, however, the share reaches only about 30% by 2035.
Hitting the 35% target would cut fossil fuel importers’ import bills by around $400 billion a year by 2035, the IEA said. At the higher prices caused by the conflict in the Middle East, that saving rises to more than $500 billion.
Speaking at New York Climate Week on Tuesday, IEA executive director Fatih Birol said the agency’s figures show that in 2026, about 80% of all new power plants built will run on renewables, with a few percentage points coming from nuclear power and the rest from fossils fuels. “So therefore, electrification itself will lead reduction of the [greenhouse gas] emissions,” he added.


However, the IEA warned in its new report that electrification “by itself is not enough” to meet the world’s climate targets. It noted that, if “low-emission” sources of power continue to simply grow in line with current policy scenarios, that would be only just enough to cover the extra demand from electrification, driving a modest decline in emissions.
Matt Webb, associate director of global clean power diplomacy at E3G, said the pledge is a “welcome signal of leadership” and can help COP31 be a “critical moment” for countries to double down on the energy commitments made at COP28.
But to secure the full benefits of electrification, he added, it is essential that we “urgently clean up” by speeding up the rollout of renewables and developing credible national plans to transition away from fossil fuels.
The post COP31 electrification pledge leaves out clean power commitment appeared first on Climate Home News.
COP31 electrification pledge leaves out clean power commitment
Climate Change
As loss and damage fund stalls, Nepal crowdfunds flood relief
People around the world have donated almost $90 million to a government-led campaign to help Nepal recover from its recent devastating Himalayan flood, according to a Nepali climate negotiator, even as the UN chief slammed the tiny amount of money in a new fund to deal with such disasters.
Individuals and companies from Nepal and abroad have chipped in from $5 to “many millions” of dollars to the Prime Minister’s Disaster Relief Fund, Manjeet Dhakal, an advisor to the poorest countries at UN climate talks, told an event on Monday focused on early warning systems.
The prompt and substantial response from the public contrasts with the slower, more limited support that is potentially on offer from the UN’s new Fund for Responding to Loss and Damage (FRLD), set up by governments to compensate developing countries for climate disasters.
Comment: Human security relies on adapting to the world’s new climate reality
Over three weeks have passed since Nepal’s finance and environment ministers asked the FRLD board to take an urgent decision to allocate funding to help Nepal protect people and restore essential services in the wake of the disaster, which caused around 1,450 deaths and left more than 5,000 people missing.
“Time is of the essence,” the ministers wrote in an appeal to the FRLD on August 31, which was swiftly followed by a letter from a group of developing-country board members urging the FRLD board’s co-chairs to organise an extraordinary meeting to come up with a response.
Loss and damage fund hesitates
Yet, despite informal online meetings, the co-chairs have yet to convene a meeting with the power to allocate funds. The board’s next scheduled meeting begins on December 15.
Dhakal said on Monday that the request has “received some positive response, but still there is some discussion ongoing about how to respond to that”.
“If they can’t respond in a timely manner, then is [the fund] fit for purpose in terms of disasters that the world would be facing in the coming years? The scale and intensity of these disasters is increasing,” he said.
With just $820 million pledged to it by rich countries and not all of that yet delivered, the FRLD has earmarked just $350 million to spend in its initial phase and without further contributions could run out of money next year.
Because of these limited funds, and a huge number of requests for funding totalling nearly $3 billion, the FRLD has said it will only give out a maximum of $20 million to each project for now. It has yet to approve funding for any projects.
Dhakal recently told The Nation magazine that this amount was just a “symbolic gesture”. Nepal’s government has estimated the costs of recovery and reconstruction at $4.8 billion, with homes, roads, bridges, hospitals and hydropower stations in the affected area needing to be repaired and rebuilt.
“Ridiculously small” funding
In a speech to the UN General Assembly on Tuesday, the body’s outgoing Secretary-General António Guterres criticised the “ridiculously small” level of funds made available by wealthy governments to the FRLD. Developed countries should “make the loss and damage fund work at scale”, he said.

The Portuguese diplomat told world leaders that when he travelled to Nepal three years ago, he had “sounded the alarm on accelerating glacier melt, warning that the rooftops of the world are caving in”.
“Some dismissed it all as overstating dangers, but as tragic events have shown, impacts are arriving sooner, hitting harder, and spreading further than many anticipated,” he said.
A recent study by scientists with the World Weather Attribution group found that climate change contributed to the rock-ice avalanche which sparked a huge flash flood along a river valley on the Nepal-Tibet border.
Speaking at a separate event in New York on Monday, leading climate scientist Johan Rockström highlighted those findings on the role of global warming in the Himalayan disaster.
“This will be potentially the first poster-child case of a loss and damage invoice, because here we have a proven case of a catastrophe which would not have occurred if it hadn’t been for human-caused climate change,” he said.
The post As loss and damage fund stalls, Nepal crowdfunds flood relief appeared first on Climate Home News.
As loss and damage fund stalls, Nepal crowdfunds flood relief
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