OPEC Fund Quarterly - 2025 Q3

CLIMATE ACTION

The COP30 action agenda: 30 key objectives COP President André Corrêa do Lago set out four pillars for the meeting in Belém: Leaders’ summit, negotiation, mobilization and action agenda. Recognizing current

put it. This focus on delivery is centered around the Global Stocktake concluded at COP28, which warned that “the world is not on track to meet the long-term goals of the Paris Agreement.” The COP30 action agenda includes 30 key objectives, under six broad categories.

geopolitical realities, the latter focuses on the implementation of what the world has “already collectively agreed,” as he

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Transitioning Energy, Industry and Transport

1.  Tripling renewables and doubling energy efficiency 2.  Accelerating zero- and low-emission technologies in hard-to-abate sectors 3. Ensuring universal access to energy 4.  Transitioning away from fossil fuels, in a just, orderly and equitable manner.

2

Stewarding Forests, Oceans and Biodiversity

5. Investments to halt and reverse deforestation and forest degradation 6. Efforts to conserve, protect and restore nature and ecosystems with solutions for climate, biodiversity and desertification 7. Efforts to preserve and restore oceans and coastal ecosystems.

3

Transforming Agriculture and Food Systems

8.  Land restoration and sustainable agriculture 9.  More resilient, adaptive and sustainable food systems 10.  Equitable access to adequate food and nutrition for all.

4

Building Resilience for Cities, Infrastructure and Water

11. Multilevel governance 12. Sustainable and resilient constructions and buildings 13. Resilient urban development, mobility and infrastructure 14. Water management 15. Solid waste management.

Photo: Riccardo Niels Mayer – stock.adobe.com

5

Fostering Human and Social Development

16. Promoting resilient health systems 17  Reducing the effects of climate change on eradicating hunger and poverty 18.  Education, capacity-building and job creation to address climate change 19.  Culture, cultural heritage and climate action.

Photo: Riccardo Niels Mayer – stock.adobe.com

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