The world’s poorest countries renewed a call for the COP30 summit to set a new goal to triple finance for them to cope with the impacts of global warming, warning that an expected decision on how to measure climate adaptation progress in Belém would be fruitless without more money.
Since the mid-year climate talks in Bonn, the Least-Developed Countries (LDC) group has been asking for a new finance target to be set with a 2030 deadline to help them become more resilient to extreme weather and rising seas. They upped their ask in the run-up to COP30 to $120 billion a year, which is three times the current goal of at least $40 billion by 2025.
Speaking to journalists in Belem on Tuesday, Lina Yassin, a Sudanese adviser to the LDCs, said adaptation metrics alone – one of the key outcomes due at COP30 – are necessary but would not benefit vulnerable countries if they cannot fund adaptation projects.
“Indicators don’t rebuild our washed-away villages. They don’t fix our failed harvest. Indicators only show you what’s going on – so beyond indicators, we’re asking for adaptation finance,” she said. So far “we have not heard enough support for it” at COP30, she added.
On Tuesday evening, the COP30 president reiterated that adaptation is central to the success of COP30, adding that the push for an increase in resources for adaptation is “significant”.
Huge gap between funding and needs
The metrics being discussed at COP30 are seen as key to putting into practice the Global Goal on Adaptation, which was enshrined in the Paris Agreement a decade ago, but has yet to achieve much on the ground.
“We still don’t know how to achieve that goal,” Yassin said. “If you ask me about the [1.5C] temperature target, we know we’re not on track. If you ask me, how are we doing on adaptation, no one here can tell me the answer.”
A UN report issued in the run-up to COP30 said developing countries will need to spend between $310 billion and $365 billion per year on measures to adapt to climate change impacts by 2035, warning of a massive funding shortfall as wealthy governments pare back their support.
The latest estimate of developing countries’ annual climate adaptation needs outstrips current funding by at least 12 times, with rich nations providing just $26 billion in 2023, according to the annual Adaptation Gap Report.
If current trends continue, developed countries are set to miss the target to double adaptation finance by 2025 that they committed to at COP26 four years ago, UNEP’s report said.
Global South’s climate adaptation bill to top $300 billion a year by 2035: UN
On Monday, a fundraising session for the UN’s Adaptation Fund raised less than half of its minimum target of $300 million, while it has a pipeline of $700 million in unfunded projects. This marks the third year in a row the fund’s target will be missed, unless more pledges are made before the end of COP30.
Its head said the fund “faces unprecedented demand for its work, and can receive funds from a variety of sources, so we are also hopeful others will come forward in the coming days.”
Indicators seen as putting burden on vulnerable
Technical experts have been working for the past two years under the climate talks to produce a list of around 100 metrics to track efforts towards broad targets to boost climate resilience in seven areas: farming and food, water and sanitation, health, ecosystems, infrastructure, livelihoods and cultural heritage.
Those were decided at COP28 in Dubai in 2023 in a text that also included what is called the “means of implementation”, which covers finance, technical support and building countries’ ability to adapt. Rich countries have pushed back against including specific targets on funding under the Global Goal on Adaptation.
As a result, some country groups – mainly African and Arab nations – have proposed at COP30 to postpone the adoption of the proposed indicators for two years, arguing they cannot sign up to measure progress they cannot afford to make with their own resources. In addition, they say the indicators risk imposing approaches that should be decided by the countries themselves.
Comment: Global Goal on Adaptation – Weighing the cow won’t make it fatter
Harjeet Singh, a climate activist and founding director of India’s Satat Sampada Climate Foundation, said the Africa Group and other developing nations were right to draw a red line on the current draft text in Belem, which he called “a trap”.
“It shifts the burden onto developing nations to fund their own adaptation while letting historical polluters like the US, EU, Australia, Canada, and others off the hook,” he told Climate Home News.
Aichetou Seck of Senegal, a technical lead for adaptation with the LDCs, said African countries do not want to block the process, as adaptation is a key priority for them. Rather, she said, they are seeking to ensure first that they have concrete ways to make progress, including adequate finance.
How could a new target land in Belém?
One observer of the adaptation talks told Climate Home News the call for a tripling of adaptation finance could be positioned instead in the main Mutirão decision, which is likely to form the backbone of the political package due to be agreed in Belem.
Currently, a draft version includes that as an option, together with a process to track progress towards it. But another – favoured by rich nations – only acknowledges the need to “dramatically scale up adaptation finance” without mentioning a number.
COP30 Bulletin Day 8: Draft decision draws battle lines on fossil fuel transition, finance and trade
Some observers and negotiators say a possible compromise could involve specifying a dedicated adaptation funding target within the $300-billion-a-year UN climate finance goal agreed at COP29 last year, rather than creating a separate pledge.
“We want support from the world, because without an adaptation package, without an outcome that doesn’t just give us indicators, it also gives us money, everything we’re discussing here is symbolic,” said Yassin of Sudan. “We will go back home and nothing tomorrow will change.”
The post Poorest countries appeal for more adaptation finance at COP30 appeared first on Climate Home News.
Poorest countries appeal for more adaptation finance at COP30
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Climate Change
DeBriefed 19 June 2026: Bonn talks end in ‘gridlock’ | Energy’s ‘new era’ | Oceans in climate negotiations
Welcome to Carbon Brief’s DeBriefed.
An essential guide to the week’s key developments relating to climate change.
This week
Bonn talks close
‘SIDE-STEPPING AND STALLING’: UN climate talks in Bonn have ended in “gridlock”, according to Climate Home News. The outlet reported on the failure to balance developing countries’ need for climate-adaptation finance with “richer nations’ desire to move forward” on emissions cuts. It added that both topics were subject to “rule 16”, meaning no agreement could be reached and work will be pushed to the COP31 summit in Turkey. Inside Climate News quoted UN climate executive secretary Simon Stiell, who said the talks had seen “side-stepping and stalling”.
JUST TRANSITION: One “glimmer of hope” came from negotiations on achieving a “just transition”, reported Euronews. The news outlet said negotiators “made headway on operationalising the Belém-Antalya mechanism”, intended to support people in the shift to a low-carbon economy. However, Politico concluded that much of the focus in Bonn had “shift[ed] to efforts outside diplomatic talks – raising questions about the future of global climate negotiations”.
‘ATTACKING SCIENCE’: Agence France-Presse reported on the EU, Switzerland and “dozens of developing nations” warning of “attacks on science” by a “small group of fossil-fuels interests” in Bonn. Table Briefings explained that “the 1.5C target is increasingly being challenged” and the role of the UN climate-science panel – the Intergovernmental Panel on Climate Change (IPCC) – in an upcoming assessment of global climate progress “remains controversial”. See Carbon Brief’s full write-up of the talks for more detail.
US-Iran deal
PRICE DROP: The US and Iran announced that they have reached an interim agreement to halt the war and reopen the strait of Hormuz, reported Bloomberg. Oil prices have fallen, as the “long-awaited deal” began the process of “eas[ing]” the global energy crisis triggered by the conflict, according to the New York Times. The Associated Press noted that high fuel prices will “likely outlast the Iran war”.
‘OIL GLUT’: The Financial Times reported that the International Energy Agency (IEA) has forecast a “glut of oil” emerging next year, if the peace deal holds. The IEA said this would allow countries to build new strategic reserves, as they “review their energy strategies and policies in response to the crisis”, according to Reuters.
‘NEW ERA’: Agence France-Presse reported that oil and gas companies have “few illusions about a return to normal for the Gulf energy industry after more than three months of blockage”. One analyst told the newswire that the war “showed the oil and gas industry that Hormuz risk is no longer just a geopolitical headline”.
Around the world
- OCEAN MONITOR: The Trump administration is “abandoning its plan” to dismantle a $368m ocean monitoring system key for tracking climate change after a “bipartisan backlash on Capitol Hill”, reported the New York Times.
- CORAL HAVEN: The New York Times covered preliminary research, presented at the Our Ocean Conference in Kenya, suggesting there could be three times as many “coral refugia” – where corals are relatively safe from climate change – than previously thought.
- BAD CREDIT: Down to Earth reported that the first carbon credits issued under the Paris Agreement’s new Article 6.4 mechanism are “facing scrutiny over alleged links to institutions controlled by Myanmar’s military junta”.
- OIL BACKTRACK: Reuters reported that oil-and-gas company Equinor has dropped a renewable-energy target and scaled back clean investments, while another Reuters story noted that Shell is selling off its offshore wind assets.
1.1 billion
The number of children facing “at least three overlapping climate hazards”, according to a new Unicef report covered by Agence France-Presse.
Latest climate research
- Including the “permafrost carbon-climate feedback” in climate models increases the chance of exceeding “tipping elements” – such as the Greenland ice sheets, Atlantic Meridional Overturning Circulation or Amazon rainforest – by up to 50% | Environmental Research Letters
- The intensity of influenza outbreaks could decline in temperate regions, but increase in tropical areas over the next century, as the climate warms | PNAS Nexus
- European snow cover has declined by 20% for December and January since the start of the industrial era, revealing an “unprecedented ongoing shrinkage of European winters” | Communications Earth & Environment
(For more, see Carbon Brief’s in-depth daily summaries of the top climate news stories on Monday, Tuesday, Wednesday, Thursday and Friday.)
Captured
The more than 2m battery electric vehicles (BEVs), 1m “plug-in” hybrids (PHEVs) and 100,000 electric vans on UK roads are already saving drivers a total of around £3bn a year, according to new Carbon Brief analysis. This amounts to savings of more than £1,100 a year in fuel costs for each BEV driver in the UK. The analysis comes amid reports in UK media this week that the government is considering “watering down” its EV sales targets.
Spotlight
Oceans rising at UN climate talks
The state of the world’s oceans is inextricably linked to the changing climate – and many delegates at UN climate talks want to see more focus on this issue, reports Carbon Brief.
Oceans are often described as the world’s “greatest ally” against climate change – absorbing 30% of carbon dioxide (CO2) emissions and most of the heat generated by those emissions.
They are also the site of important climate solutions, such as huge offshore windfarms and the shipping industry’s transition to cleaner fuels.
At the same time, the oceans themselves present a growing danger to coastal communities and sea life due to sea level rise, marine heatwaves and ocean acidification.
These diverse issues have led to growing calls within the UN climate process for more focus on oceans. During climate negotiations this week in Bonn – known as SB64 – nations and civil society had a chance to air these views during an “ocean and climate change dialogue”.
‘Elevate action’
Oceans first entered UN climate outcomes in 2019, when the final COP25 negotiated text requested a new “dialogue” on “the ocean and climate change to consider how to strengthen mitigation and adaptation action”.
The following years saw this dialogue established as an annual event. However, the political weight of these discussions has been limited.
COP31 is being co-led by Turkey and Australia, but with Pacific islands playing a supporting role. These small islands sometimes self-identify as “large ocean states”, stressing the ocean’s centrality in their societies.
In Bonn, figures from across the presidency threw their weight behind this issue. Chris Bowen, an Australian minister and incoming COP31 “president of negotiations”, told attendees:
“Australia, Turkey and the Pacific see an important opportunity to elevate ocean-based climate action.”
Strategies and finance
The two-day dialogue in Bonn involved a series of panels, statements and breakout groups.
One of the main topics was how oceans are integrated into national climate plans under the Paris Agreement, known as “nationally determined contributions” (NDCs).
Three-quarters of the latest round of NDCs mention oceans, with conservation of “blue carbon” ecosystems the most frequently described action. (Landscapes such as mangroves can both absorb CO2 and protect coastal areas.)
Delegates also discussed alignment with the UN biodiversity process, as well as ocean finance, which currently makes up less than 1% of all climate finance.
(As discussions were taking place in Bonn, country officials also gathered in Mombasa, Kenya for the 11th Our Ocean Conference. Carbon Brief’s associate editor Giuliana Viglione attended the conference and will publish a full summary shortly.)
Developing countries were clear that many of the ocean-related actions in their NDCs would depend on receiving more financial support.
‘Political momentum’
With the backing of the COP31 presidency, delegates were hopeful about where this year’s dialogue could lead.
Charles Hamilton, an advisor for the Bahamas who spoke for the Alliance of Small Island States (AOSIS) in the dialogue, told Carbon Brief that island representatives “are not traveling thousands of miles to just talk and pat ourselves on the back”. He added:
“A dialogue that just remains a dialogue is just more talk – no action.”
Given that, he said “discussions in the dialogue must move into COP decisions and the decisions must be actioned”, noting the importance of finance.
Marina Corrêa, oceans lead at WWF-Brazil, pointed to an upcoming UN climate change Standing Committee on Finance forum as a space to ramp up pressure on ocean finance.
More broadly, she wanted to see the presidencies translate their support into a “leader-level ocean initiative” that could “mainstream” oceans across negotiations.
“We have a really interesting opportunity, in terms of political momentum,” Corrêa told Carbon Brief.
Watch, read, listen
‘HOTTER THAN HELL’: An episode of the BBC’s Rare Earth podcast titled “hotter than hell” considered the issue of extreme heat, with input from experts and “people facing up to the hottest temperatures on the planet”.
NOT BROKEN?: John Drake, a professor of ecology at the University of Georgia, wrote an essay for Aeon – also re-published as a Guardian “long read” – questioning the framing of ecosystems and climate systems “breaking down”.
ON COURSE: On his Volts podcast, US climate journalist David Roberts interviewed UK climate minister Katie White, quizzing her about whether the UK will “stay the course with its climate plans”.
Coming up
- 20-28 June: London climate action week
- 21 June: Colombia presidential runoff
- 24 June: UK Climate Change Committee progress in reducing emissions 2026 report to parliament
Pick of the jobs
- Mongabay, managing editor – Africa | Salary: Unknown. Location: Global
- Contexte, environment reporter – Brussels | Salary: €45,000-€60,000. Location: Brussels
- Climate 200, communications director | Salary: Unknown. Location: Australia
- Energy Tracker Asia, energy transition correspondent | Salary: $3,000-$4,000 per month. Location: South-east Asia (remote)
DeBriefed is edited by Daisy Dunne. Please send any tips or feedback to debriefed@carbonbrief.org.
This is an online version of Carbon Brief’s weekly DeBriefed email newsletter. Subscribe for free here.
The post DeBriefed 19 June 2026: Bonn talks end in ‘gridlock’ | Energy’s ‘new era’ | Oceans in climate negotiations appeared first on Carbon Brief.
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