Poging GOUD - Vrij
One step forward, two backward
Financial Express Kochi
|November 27, 2025
THE WORLD NEEDS A NEW MULTILATERAL ARCHITECTURE FOR A NEW PHASE OF CLIMATE ACTION
BRAZILIAN PRESIDENT LUIZ Inacio Lula da Silva had declared the 30th Conference of Parties (COP30) to the UN Framework Convention on Climate Change (UNFCCC) as the “COP of truth”.
And truth, indeed, was unmistakable in Belém. The meeting made it clear how fragmented and fragile the global consensus on climate action has become. Decisions that countries had once celebrated as historic achievements were rejected outright. Commitments that were hailed as breakthroughs only a few years ago suddenly appeared to have evaporated.
The most prominent example was the decision to “transition away from fossil fuels”, which had been agreed at the Dubai COP in 2023. That phrase—hailed then as a diplomatic triumph—did not even appear in the final text at Belém. Countries that had supported it earlier refused to accept it now. A similar retreat occurred on deforestation. At COP26 in Glasgow, over 130 nations pledged to halt and reverse deforestation by 2030. At COP30, a road map to achieve this was quietly dropped. The symbolism was striking: a climate summit held at the edge of the Amazon was unwilling to reaffirm the world’s most widely supported forest pledge.
The question, then, is what COP30 actually achieved. The honest answer is: very little. Ten years after the Paris Agreement, instead of accelerating climate action, the world found itself postponing decisions and shifting difficult conversations away from the UN climate process. The most contentious issues were not resolved; they were simply moved elsewhere.
Dit verhaal komt uit de November 27, 2025-editie van Financial Express Kochi.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Financial Express Kochi
Financial Express Kochi
PE, VC investment value up 9% in Oct, volume down
PRIVATE EQUITY AND venture capital investments in India rose 9% year-on-year to $5.3 billion across 102 deals in October 2025, according to an EY-IVCA report.
1 min
November 29, 2025
Financial Express Kochi
Funding squeeze takes a toll on microfinance
5 million pushed out of formal finance: MFIN
1 mins
November 29, 2025
Financial Express Kochi
Market-making in the works for sub-AAA bonds
RATING AGENCY CRISIL and the Association of Mutual Funds in India (Amfi) are working on a detailed proposal to establish a market-making framework for corporate bonds rated in the AA to BBB categories.
1 mins
November 29, 2025
Financial Express Kochi
Economic growth surges to 8.2%
IN THE FIRST half of the current fiscal, private final consumption expenditure (PFCF) marginally improved its share in nominal GDP to 61.4% over the year-ago period, and largely stuck to the average of the three years to FY25.
2 mins
November 29, 2025
Financial Express Kochi
Hong Kong blaze toll rises to 128
HONG KONG'S DEADLIEST fire in nearly eight decades has killed at least 128, officials announced shortly after making fresh arrests in connection with the blaze.
1 mins
November 29, 2025
Financial Express Kochi
Amazon, Flipkart set sights on small loans space
E-commerce giants working on BNPL, other credit products
1 mins
November 29, 2025
Financial Express Kochi
All eyes on RBI policy given record low inflation: Goyal
THE SUBDUED NOMINAL GDP growth of 8.7% in the September quarter has raised expecta- tions of a rate cut by the Reserve Bank of India in the December policy review.
1 min
November 29, 2025
Financial Express Kochi
Trump vows to freeze migration
A‘PERMANENT PAUSE’ ON MIGRATION FROM ALL ‘THIRD WORLD COUNTRIES’: US PRESIDENT
1 mins
November 29, 2025
Financial Express Kochi
Extra US tariff may go by year-end: Commerce secy
INDIA AND THE US are negotiating on two tracks to resolve their trade standoff, and the first one will likely address the 50% additional tariff on Indian exports by Decemberend, Commerce Secretary Rajesh Agrawal said on Friday.
1 mins
November 29, 2025
Financial Express Kochi
Airtel user addition in Oct jumps nearly 3x over Sept
BHARTI AIRTEL'S NET subscriber additions gathered momentum in October, with the telco adding 1.25 million new users during the month, up sharply from 437,717 in September, according to the latest subscriber data released by the Telecom Regulatory Authority of India (Trai).
1 mins
November 29, 2025
Listen
Translate
Change font size

