Centerstage Event
COP30 starts today in Brazil...
At COP30, the European Union and Brazil call on nations to adopt carbon pricing and market mechanisms to finance global climate action and fund green technologies. The joint declaration urges forming a coalition to reinvest carbon revenues in emission cuts and clean energy. EU Commission President Ursula von der Leyen says carbon pricing drives progress, citing the EU ETS’s 50% emission reduction since 2005. Critics warn the approach may weaken efforts to restore natural carbon sinks like forests and oceans.
Monday, 10 November, 2025