Correa do Lago accused wealthy international locations of attempting to scale back their monetary contributions to the worldwide struggle in opposition to local weather warming, which he stated was “deeply mistaken” in view of their commitments beneath the 2015 Paris Settlement.
On the COP30 assembly within the Amazon metropolis of Belem in November, Brazil will push developed international locations to step up their assist for the creating international locations’ power transition.
“We have now to work in order that international locations with historic tasks play a higher function within the monetary facet,” he stated.
Correa do Lago has represented Brazil at each worldwide local weather summit since President Luiz Inacio Lula da Silva returned to energy in January 2023.
He was appointed COP30 president on Tuesday, a day after United States President Donald Trump pulled his country out of the Paris Agreement for a second time and doubled down on the usage of fossil fuels.
Correa do Lago admitted that, with out US assist, financing the worldwide transition to scrub power could be “harder”.
