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EU Defends Carbon Tax as Ministers Take over COP30 Negotiations

UN climate chief Simon Stiell urges ministers to avoid delays as COP30 faces deadlock over finance, emissions cuts, and trade disputes amid global temperature rise risks.

  • Government ministers in Belem are preparing for final, fraught days of negotiations at the UN climate summit with five days left in the second week of talks.
  • Three issues—finance, trade barriers and inadequate emissions pledges—are blocking progress after a week of talks as developing countries and island states clash over climate finance, unilateral trade measures and planned emissions cuts.
  • A presidency memo and expected leader arrivals are shaping ministers' closing strategies as the Brazilian presidency published a Sunday memo on divergent negotiating positions and Luiz Inacio Lula da Silva, President of Brazil, is expected on Nov 19.
  • COP30 is scheduled to end on Friday but talks frequently overrun, raising delay risks as UN climate chief Simon Stiell urged ministers to avoid 'stonewalling' and speed up negotiations.
  • Current emissions trends point to at least 2.3 deg C warming, and a bloc of developing countries seeks a payment schedule for the $300 billion annual climate finance commitment by 2035.
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Center

COP-and-trade? Tariffs, carbon tax weigh on climate talks

In Belem, the Brazilian city hosting COP30, it's hard to miss the BYD Dolphin Mini -- the Chinese hatchback that's dominating the local electric vehicle market, even as the company races to catch up in Europe and is absent in…

·Cherokee County, United States
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Lean Left

The UN Climate Conference is entering its final straight line this week with the arrival of the ministers of the member countries to conclude the negotiations. The stakes remain numerous, but the discussions are progressing.

·Montreal, Canada
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Lean Right

Don't obstruct, but speed up the negotiations. That's the UN climate chief's message at COP30, where countries disagree on three key issues with just five days left before the climate summit.

·Stockholm, Sweden
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Center

The Executive Secretary of the United Nations Convention on Climate Change, Simon Stiell, said COP30 should show that climate cooperation is “firm” in this “fragmented” global context.

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Barron's broke the news in New York, United States on Monday, November 17, 2025.
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