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Bitget une forças com a Ampersan para acelerar a liquidez institucional na era das Corretoras Universais (UEX)

VICTORIA, Seychelles, Nov. 23, 2025 (GLOBE NEWSWIRE) — Bitget, a maior Corretora Universal (UEX) do mundo, anunciou hoje uma colaboração estratégica com a Ampersan, um provedor de liquidez institucional que atende mercados centralizados e descentralizados. A colaboração fortalece a oferta institucional da Bitget, com uma cobertura de liquidez mais ampla nos mercados à vista, de futuros e de opções, criando novos canais para que o capital profissional opere com precisão em ativos digitais.

A Ampersan oferece liquidez confiável nos principais mercados de ativos digitais, respaldada por anos de experiência no sistema financeiro tradicional e em trading por meio de sistemas eletrônicos. Essa abordagem ajuda a criar uma precificação mais estável e maior profundidade de mercado. A integração dos recursos de liquidez da Ampersan com a estrutura UEX da Bitget oferece aos clientes institucionais uma execução mais eficiente de operações de trading, especialmente para ordens maiores e estratégias de grande escala.

“A Ampersan provou ser uma parceira de liquidez ágil e confiável em todas as plataformas em que atua”, declarou Gracy Chen, CEO da Bitget. “A integração dessas instituições ao ecossistema UEX eleva o padrão para todos, proporcionando aos nossos usuários institucionais um acesso mais fácil aos mercados que lhes interessam, tudo em um só lugar.”

A parceria reflete uma mudança na participação institucional, à medida que os investidores profissionais buscam bases de liquidez mais sólidas, maior profundidade de mercado e acesso eficiente tanto em ambientes on–chain quanto off–chain. A estrutura UEX da Bitget, que abrange mercados à vista, derivativos, futuros de ações e ativos tokenizados, alinha–se naturalmente com a abordagem da Ampersan de construir uma camada de liquidez unificada para os mercados digitais modernos.

“A Ampersan foi criada para fornecer liquidez em nível institucional aos participantes do mercado, fortalecendo a infraestrutura de liquidez necessária ao crescimento das estratégias de ativos digitais”, declarou Daniel Ku, CEO da Ampersan. “A parceria com a Bitget amplia o acesso dos usuários a um ecossistema projetado para a escalabilidade, a velocidade e o desenvolvimento contínuo dos mercados de ativos digitais.”

A parceria surge na sequência da implementação contínua da estrutura UEX, incluindo atualizações no Bitget Onchain que reúnem milhões de tokens em uma única conta. A adição da liquidez institucional da Ampersan amplia a posição da Bitget como um centro onde as finanças tradicionais se cruzam com a inovação em ativos digitais, permitindo uma alocação de capital mais sofisticada e a construção de portfólios diversificados.

Sobre a Bitget

Fundada em 2018, a Bitget é a maior Corretora Universal (UEX) do mundo, servindo mais de 120 milhões de usuários com acesso a milhões de tokens criptográficos, ações tokenizadas, ETFs e outros ativos do mundo real, oferecendo acesso em tempo real ao preço do Bitcoin, preço do Ethereum, preço do XRP e outros preços de criptomoedas, tudo em uma única plataforma. O ecossistema se compromete a ajudar os usuários a negociar de forma mais inteligente, com suas ferramentas de trading impulsionadas por IA, interoperabilidade entre tokens em Bitcoin, Ethereum, Solana e BNB Chain, além de maior acesso a ativos do mundo real. No lado descentralizado, o Bitget Wallet é um aplicativo de finanças do dia a dia, criado para tornar as criptomoedas simples, seguras e parte da sua rotina financeira. Atendendo a mais de 80 milhões de usuários, a plataforma conecta a infraestrutura blockchain ao mundo financeiro real, oferecendo uma solução completa para entrada e saída de fundos, negociação, ganhos e pagamentos, tudo de forma integrada.

A Bitget está promovendo a adoção das criptomoedas por meio de parcerias estratégicas, como seu papel de parceira oficial de criptomoedas da principal liga de futebol do mundo, a LALIGA, nos mercados do ORIENTE, SUDESTE ASIÁTICO e AMÉRICA LATINA. Alinhada à sua estratégia de impacto global, a Bitget uniu forças com a UNICEF para apoiar a educação em blockchain de 1,1 milhão de pessoas até 2027. No mundo do automobilismo, a Bitget é a corretora de criptomoedas parceira exclusiva do MotoGP™, um dos campeonatos mais emocionantes do mundo.

Para mais informações, acesse: Site | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

Para comunicação social, entre em contato com: [email protected]

Aviso de risco: os preços dos ativos digitais estão sujeitos a flutuações e podem apresentar volatilidade significativa. Os investidores são aconselhados a alocar apenas os fundos que possam correr o risco de perder. O valor de qualquer investimento pode ser impactado, e há a possibilidade de que os objetivos financeiros não sejam alcançados e que nem o capital investido seja recuperado. Deve–se sempre buscar aconselhamento financeiro independente, além de considerar cuidadosamente a experiência financeira pessoal e a situação individual. O desempenho passado não é um indicador confiável de resultados futuros. A Bitget não se responsabiliza por eventuais perdas incorridas. O conteúdo deste documento não deve ser interpretado como aconselhamento financeiro. Para obter mais informações, consulte os nossos Termos de Uso.

Uma foto que acompanha este anúncio está disponível em http://www.globenewswire.com/NewsRoom/AttachmentNg/c70f83b0–b2bd–4702–b2b2–25a506663450


GLOBENEWSWIRE (Distribution ID 1001140489)

Bitget pilote une campagne de dons portée par son collectif d’utilisateurs pour appuyer les secours mobilisés à la suite du séisme ayant frappé le nord de Cebu

VICTORIA, Seychelles, 23 nov. 2025 (GLOBE NEWSWIRE) — Bitget, première Bourse de valeurs universelle au monde (ou UEX, de l’anglais Universal Exchange pour plateforme d’échange universelle) apporte son soutien aux populations touchées par le récent séisme d’amplitude 6,9 ayant frappé le nord de Cebu aux Philippines par le biais d’une collecte de dons menée en partenariat avec les équipes de The Ascent Project. Ce geste a permis de fournir des vivres et des produits de première nécessité à 118 résidents des villes de Bogo et San Remigio, durement frappées par le phénomène.

Le tremblement de terre, le plus puissant enregistré depuis des dizaines d’années dans cette région du monde, y a provoqué des dégâts considérables, contraignant des milliers de personnes à l’exil et endommageant lourdement les infrastructures locales. En guise de réponse, Bitget a financé une enveloppe dédiée aux secours à hauteur de 100 000 pesos philippins. Cette initiative a permis de distribuer des paniers alimentaires, des kits d’hygiène et d’autres produits de première nécessité à plus d’une centaine de familles qui doivent encore faire face aux conséquences de la catastrophe.

Chapeautée par les équipes de The Ascent Project et appuyée par des bénévoles locaux, l’opération de secours a eu lieu le 2 novembre dernier. L’équipe a mutualisé ses actions avec les responsables du barangay en vue de recenser les foyers sinistrés et de s’assurer que l’aide parvienne en priorité aux familles les plus fragilisées. Comme de nombreuses familles vivaient toujours sans eau potable ni électricité, l’aide leur est parvenue à un moment clé, alors que des alertes météo annonçaient l’arrivée d’une nouvelle tempête.

« Je suis de tout cœur avec tous ceux qui traversent cette période si difficile. À Cebu, notre collectif nous a permis de venir en aide aux familles dans le besoin et en pleine détresse. Nous comptons bien poursuivre notre accompagnement et continuer à instaurer un climat de confiance » indique Gracy Chen, PDG de Bitget.

La collecte de dons s’est organisée via le groupe local de traders Bitget, l’un des collectifs de terrain les plus anciens de l’entreprise en Asie du Sud–Est. Ce constat illustre bien l’approche de Bitget, privilégiant le travail direct avec les communautés d’utilisateurs pour identifier les besoins urgents et leur apporter une aide rapide.

Cette démarche s’inscrit également dans le cadre de la stratégie d’impact globale de Bitget, qui repose sur des partenariats durables. Ainsi, sa collaboration avec l’UNICEF entend renforcer l’éducation numérique et la familiarisation avec la blockchain auprès de plus d’un million de jeunes à l’horizon 2027.

Alors que l’effort de reconstruction se poursuit dans le nord de Cebu, Bitget et ses partenaires locaux des Philippines étudient de nouvelles modalités d’aide et d’accompagnement des projets de reconstruction. La Bourse de valeurs universelle reste déterminée à incarner bien plus qu’une simple plateforme de trading, en apportant une aide concrète sur le terrain, là où ses collectifs en ont le plus besoin.

À propos de Bitget

Fondée en 2018, Bitget est la première Bourse de valeurs universelle au monde, au service de plus de 120 millions d’utilisateurs et facilitant l’accès à des millions de jetons crypto, actions tokenisées, fonds négociés en bourse et autres actifs du monde réel, tout en renseignant en temps réel les cours du Bitcoin, de l’Ethereum, du XRP et d’autres cryptomonnaies au sein d’une seule et même plateforme. L’écosystème vise à aider les utilisateurs à trader plus intelligemment grâce à ses outils de trading alimentés par l’IA, l’interopérabilité entre jetons sur Bitcoin, Ethereum, Solana et BNB Chain, et entend étendre l’accès des utilisateurs aux actifs réels. Au regard de la finance décentralisée, Bitget Wallet est une application financière conçue pour simplifier et sécuriser la crypto, et l’intégrer à la finance de tous les jours. Forte de ses plus de 80 millions d’utilisateurs, elle relie les infrastructures blockchain au monde réel sous la forme d’une plateforme tout–en–un conçue pour acheter et vendre, échanger, dégager des revenus et payer en toute fluidité.

Bitget entend faire adopter les cryptomonnaies grâce à des partenariats stratégiques, comme en témoigne son rôle de partenaire crypto officiel de la meilleure ligue de football au monde, LALIGA, sur les marchés de l’Est, de l’Asie du Sud–Est et de l’Amérique latine. Pour faire écho à sa stratégie d’impact mondial, Bitget s’est associée à l’UNICEF pour soutenir l’éducation à la blockchain auprès de 1,1 million de personnes d’ici à 2027. Dans l’univers des sports mécaniques, Bitget est le partenaire officiel crypto exclusif du MotoGP™, l’un des championnats les plus passionnants du monde.

Pour en savoir plus, veuillez consulter : Site Internet | Twitter |  Telegram |  LinkedIn |  Discord |  Bitget Wallet

Pour toute demande de renseignements des médias, veuillez nous contacter à l’adresse suivante : [email protected]

Mise en garde sur les risques : les cours des actifs numériques peuvent fluctuer et connaître une forte volatilité. Il est recommandé aux investisseurs d’investir uniquement la somme qu’ils peuvent se permettre de perdre. La valeur de vos investissements peut être affectée et il est possible que vous n’atteigniez pas vos objectifs financiers ou que vous ne parveniez pas à récupérer votre capital. Nous vous encourageons à toujours solliciter les conseils d’un spécialiste financier indépendant et à tenir compte de votre expérience et de votre situation financière. Les performances passées ne constituent pas un indicateur fiable des résultats futurs. Bitget décline toute responsabilité quant à toute perte potentielle encourue. Nulle disposition des présentes ne saurait être interprétée comme un conseil d’ordre financier. Pour tout complément d’information, veuillez consulter nos Conditions d’utilisation.

Une photo annexée au présent communiqué est disponible à l’adresse suivante : http://www.globenewswire.com/NewsRoom/AttachmentNg/8bf9fe14–3dd9–483f–95ac–9bb8f6f53a9a


GLOBENEWSWIRE (Distribution ID 1001140484)

A Bitget apoia os esforços de ajuda ao terremoto no norte de Cebu por meio de uma campanha de doação liderada pela comunidade

VICTORIA, Seychelles, Nov. 23, 2025 (GLOBE NEWSWIRE) — A Bitget, maior Exchange Universal (UEX) do mundo, estendeu seu apoio às comunidades afetadas pelo recente terremoto de magnitude 6,9 no norte de Cebu, Filipinas, por meio de uma campanha de doação realizada em parceria com a Bitget e o The Ascent Project. A iniciativa forneceu suprimentos essenciais para 118 residentes na cidade de Bogo e em San Remigio, que foram gravemente impactados pelo desastre.

O terremoto, registrado como o mais forte a atingir o norte de Cebu em décadas, causou danos generalizados em toda a região, deixando milhares de desabrigados e a infraestrutura local severamente danificada. Em resposta, a Bitget financiou um esforço de ajuda de PHP 100.000 que permitiu a distribuição de pacotes de alimentos, kits de higiene e outras necessidades críticas para mais de cem famílias que ainda se recuperam das consequências.

Liderada pelo The Ascent Project e apoiada por voluntários locais, a operação de socorro ocorreu em 2 de novembro. A equipe coordenou com as autoridades do vilarejo para identificar as famílias afetadas e garantir que a ajuda chegasse àquelas com as necessidades mais urgentes. Muitas famílias ainda estavam sem acesso estável à eletricidade e água potável, e a ajuda chegou em um momento crucial, pois alertas meteorológicos sinalizavam a aproximação de outra tempestade.

“Meu coração está com as pessoas que têm lutado durante este momento difícil. Nossa comunidade em Cebu nos ajudou a apoiar os necessitados durante essa angústia. Esperamos apoiar e continuar construindo confiança”, disse Gracy Chen, CEO da Bitget.

A doação foi mobilizada por meio da comunidade de negociação local da Bitget, um dos grupos de base mais antigos da empresa no Sudeste Asiático, refletindo a abordagem da Bitget de trabalhar diretamente com as comunidades de usuários para identificar necessidades urgentes e prestar apoio oportuno.

A iniciativa também faz parte da estratégia de impacto global mais ampla da Bitget, que inclui parcerias de longo prazo, como sua colaboração com a UNICEF para expandir a educação digital e em blockchain para mais de 1 milhão de jovens até 2027.

Enquanto a recuperação no norte de Cebu continua, a Bitget e seus parceiros da comunidade filipina estão avaliando maneiras adicionais de prestar assistência e apoio para iniciativas de reconstrução. A UEX continua comprometida em estender sua presença para além das plataformas de negociação e contribuir para um apoio significativo e prático onde suas comunidades mais precisam.

Sobre a Bitget

Fundada em 2018, a Bitget é a maior Exchange Universal (UEX) do mundo, atendendo a mais de 120 milhões de usuários com acesso a milhões de tokens de criptomoedas, ações tokenizadas, ETFs e outros ativos do mundo real, ao mesmo tempo que oferece acesso em tempo real ao preço do Bitcoin, preço do Ethereum, preço do XRP e outros preços de criptomoedas, tudo em uma única plataforma. O ecossistema se compromete a ajudar os usuários a negociar de forma mais inteligente, com suas ferramentas de negociação impulsionadas por IA, interoperabilidade entre tokens em Bitcoin, Ethereum, Solana e BNB Chain, além de maior acesso a ativos do mundo real. No lado descentralizado, o Bitget Wallet é um aplicativo financeiro para o dia a dia, criado para tornar as criptomoedas simples, seguras e parte das finanças cotidianas. Atendendo a mais de 80 milhões de usuários, ela conecta os trilhos da blockchain com as finanças do mundo real, oferecendo uma plataforma tudo–em–um para entrada e saída de capital, negociação, ganhos e pagamentos de forma ininterrupta.

A Bitget está impulsionando a adoção de criptomoedas por meio de parcerias estratégicas, como seu papel de parceira oficial de criptomoedas da principal liga de futebol do mundo, LALIGA, nos mercados do ORIENTE, SUDESTE ASIÁTICO e AMÉRICA LATINA. Alinhada à sua estratégia de impacto global, a Bitget se uniu ao UNICEF para apoiar a educação em blockchain de 1,1 milhão de pessoas até 2027. No mundo do automobilismo, a Bitget é a corretora de criptomoedas parceira exclusiva do MotoGP™, um dos campeonatos mais emocionantes do mundo.

Para mais informações, acesse: Site | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

Para comunicação social, envie um e–mail para: [email protected]

Aviso de risco: os preços dos ativos digitais estão sujeitos a flutuações e podem sofrer volatilidade significativa. Os investidores são aconselhados a alocar apenas os fundos que possam correr o risco de perder. O valor de qualquer investimento pode ser impactado, e há a possibilidade de que os objetivos financeiros não sejam alcançados e que nem o capital investido seja recuperado. Deve–se sempre buscar aconselhamento financeiro independente, além de considerar cuidadosamente a experiência financeira pessoal e a situação individual. O desempenho passado não é um indicador confiável de resultados futuros. A Bitget não se responsabiliza por eventuais perdas incorridas. O conteúdo deste documento não deve ser interpretado como aconselhamento financeiro. Para mais informações, consulte os nossos Termos de Uso.

Uma foto que acompanha este anúncio está disponível em http://www.globenewswire.com/NewsRoom/AttachmentNg/8bf9fe14–3dd9–483f–95ac–9bb8f6f53a9a


GLOBENEWSWIRE (Distribution ID 1001140484)

Bitget Kicks Off New Star-Studded Video Series Featuring LALIGA Star Julián Alvarez

KUALA LUMPUR, Malaysia, Nov. 23, 2025 (GLOBE NEWSWIRE) — Bitget, the world’s largest Universal Exchange (UEX), has kicked off a new three–part campaign starring LALIGA standout and Atlético de Madrid player Julián Alvarez, bringing together world–class football talent and next–generation trading technology in a series of dynamic product films. Produced under Bitget’s official partnership with LALIGA, the videos spotlight Bitget Onchain, GetAgent, and the Universal Exchange vision, each told through the high–performance lens that defines elite athletes like Alvarez.

The campaign will have Alvarez showcasing how football’s strategic mindset aligns naturally with Bitget’s “Trade Smarter” vision. The first video, on Bitget Onchain, spotlights how users can access millions of tokens across multiple blockchains from a single account, powered by AI–driven Onchain Signals to help traders identify emerging opportunities with speed and clarity.

“LALIGA has always been committed to innovation, and this collaboration with Bitget reflects how technology and sport can move forward together. We hope this series will be engaging for all LALIGA fans.” said Javier Gurrea–Nozaleda, Director of Sponsorship and Licensing at LALIGA.

Alvarez appears across all three videos, bringing a playful yet authentic connection between elite athletic performance and smart trading execution.

“It was exciting to represent LALIGA in this campaign,” Alvarez shared. “Football is all about timing, awareness, and reading the game, and Bitget brings that same mindset to trading. If you make smart moves at the right moment, you give yourself the best chance to win.”

Bitget CMO Ignacio Aguirre Franco added, “Julián brings the perfect mix of strategy and flair. Those qualities mirror exactly what Bitget is building, a smarter, more integrated way to trade. Whether it’s Onchain, GetAgent, or UEX, our goal is to give every user the tools to think and move like a champion.”

Each video will debut with its own dedicated landing page, walking users through core features and new milestones across Bitget’s product ecosystem. The Onchain film launches today, followed by GetAgent and UEX editions in the coming weeks.

Bitget’s partnership with LALIGA continues to bridge the worlds of sport and technology, using storytelling, world–class talent, and product innovation to elevate how global audiences learn about Web3.

About Bitget

Established in 2018, Bitget is the world's largest Universal Exchange (UEX), serving over 120 million users with access to millions of crypto tokens, tokenized stocks, ETFs, and other real–world assets, while offering real–time access to Bitcoin price, Ethereum price, XRP price and other cryptocurrency prices, all on a single platform. The ecosystem is committed to helping users trade smarter with its AI–powered trading tools, interoperability across tokens on Bitcoin, Ethereum, Solana, and BNB Chain, and wider access to real–world assets. On the decentralized side, Bitget Wallet runs as the leading non–custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi–chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built–in the platform.

Bitget is driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. In the world of motorsports, Bitget is the exclusive cryptocurrency exchange partner of MotoGP™, one of the world’s most thrilling championships.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

For media inquiries, please contact: [email protected]

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c7169e3d–dedc–4956–bb75–cd9aa8c2822a


GLOBENEWSWIRE (Distribution ID 1001140465)

Unpacking COP30’s Politically Charged Belém Package

André Corrêa do Lago, COP30 President of Brazil, during a highly charged closing plenary. Credit: UN Climate Change/Kiara Worth

André Corrêa do Lago, COP30 President of Brazil, during a highly charged closing plenary. Credit: UN Climate Change/Kiara Worth

By Joyce Chimbi
BELÉM, Brazil, Nov 23 2025 – Following tense, nightlong negotiations and bitter rows between more than 190 country delegations, a “politically charged Belém package” was finally forged at COP30—so named because of the highly contentious and difficult-to-negotiate issues within the climate talks. Belém was supposed to be ‘a how’ climate conference. Decisions made at the 30th Conference of the Parties to the United Nations Framework Convention on Climate Change would shape how the Paris Agreement moves from word to action and to what extent global climate actions can be reached. In this COP of “implementation and multilateralism in action,” politics carried the day in more ways than one.

Observers, such as Wesley Githaiga from the Civil Society, told IPS that issues touching on trade, climate finance, and fossil fuels are politically charged because of competing and conflicting national interests.

Gavel came out without a roadmap for ending fossil fuels. Credit: UN Climate Change/Kiara Worth

Gavel came out without a roadmap for ending fossil fuels. Credit: UN Climate Change/Kiara Worth

“Some countries bear more responsibility for the climate crises than others and have a higher financial responsibility to address climate change,” Githaiga said. “Striking a balance between the needs of vulnerable developing nations and the economic priorities of developed wealthy countries is difficult.”

Conflicting national interests escalated when COP30 was suspended for additional side consultations just one hour before the final outcome on Saturday, following an argument that broke out over procedural issues.

The Elephant in the Room: Fossil Fuels

On one hand, a few highly organized petrostates from the Arab Group of nations, including Saudi Arabia, were opposed to Colombia, which was supported by the European Union and other Latin American countries like Panama and Uruguay regarding fossil fuels. Fossil fuels are by far the largest contributors to global warming. Scientists have warned of catastrophic temperature rises of up to 2.5°C by mid-century.

Githaiga says the issue was procedural because Colombia was objecting to an already-approved text. The main point of contention was the transition away from fossil fuels. COP28 achieved a historic breakthrough by advocating for a global shift away from fossil fuels. How to transition had been the most highly contentious issue at Belém.

So contentious that COP30 ultimately decided to sidestep ‘fossil fuels’ altogether.

Despite nearly 80 developed and developing countries standing firm demanding an end to the use of planet-warming fossil fuels, there is no mention of fossil fuels in the final COP30 agreement, only an oblique reference to the ‘UAE consensus.’ Despite the demands of Brazil’s neighbors Colombia, Panama, and Uruguay for stronger language, the announcement of a voluntary roadmap outside the UN process went ahead.

Throughout the tense climate talks, observers speculated that the COP30 outcome would include text on either “phasing away” from fossil fuels or “phasing down.” The end result did not include a roadmap for abandoning oil, gas, and coal. Recognizing that the world expected more ambition, Brazilian COP30 President André Aranha Corrêa do Lago told delegates, “We know some of you had greater ambitions for some of the issues at hand.”

Despite the lack of consensus, the COP30 President announced on Saturday that the presidency would publish a “side text” on fossil fuels and forest protection due to the lack of agreement. There will be two roadmaps on these two issues. The work will be done outside of the formal negotiations headed by President Luiz Inácio Lula da Silva and the Brazilian COP Presidency.

Climate Finance

Nevertheless, all was not lost. According to Mohamed Adow, the Director of Power Shift Africa, the creation of a Just Transition Action Mechanism emerged as a positive development, acknowledging that the global shift away from fossil fuels will not abandon workers and frontline communities.

Adow nonetheless stressed that “developed countries have betrayed vulnerable nations by both failing to deliver science-aligned national emission reduction plans and also blocked talks on finance to help poor countries adapt to climate change caused by the global north.”

“Rich countries cannot make a genuine call for a roadmap if they continue to drive in the opposite direction themselves and refuse to pay up for the vehicles they stole from the rest of the convoy.”

Disagreements are not about climate finance in itself but about how funds will flow from the wealthy to the vulnerable, poor states. But the lack of ambition did not cut across the eight-page declaration developed at the mouth of the world largest rainforest—the Amazon.

The negotiations did succeed in their determination to deliver an economic transition, even though there are concerns that some of the climate finance agreements, such as those on adaptation, are too sweeping, too general, and lacking in specifics. COP 29 raised the annual climate finance target of developing nations from USD 100 billion to USD 300 billion. COP30 agreed to scale finance and to specifically mobilize USD 1.3 trillion annually by 2035 for climate action.

On adaptation, Adow said, “Belém restored some integrity to the Global Goal on Adaptation, removing dangerous indicators that would have penalized poorer countries simply for being poor.”

“The slow pace of finance negotiations is worrying. The promise to triple adaptation lacks clarity on a base year and has now been delayed to 2035, leaving vulnerable countries without support to match the escalating needs frontline communities are facing. As it stands, this outcome does nothing to narrow the adaptation finance gap.”

Adow continues, “COP30 was intended to focus significantly on raising funds to assist vulnerable nations in adapting to climate change; however, European nations have undermined these discussions and removed the protections that poorer countries were seeking in Belem.”

“Europe, which colonized much of the global south and then imperiled it further through its industrialized carbon emissions, now works against even efforts to help it adapt to the climate crisis.”

Many of the countries that have submitted their National Adaptation Plans lack funding. The agreement moving forward is to double adaptation finance by 2025 and triple it by 2035. But it is not clear where this money will come from—public financing, private or wealthy nations.

On the frontlines of the climate crises, Sierra Leone challenged the emphasis on private capital to fund climate adaptation efforts, stating that the private sector is not known for its robust support of adaptation. Observers like Githaiga say instead, there is a need to triple public funding for adaptation.

“If you read the text carefully, you actually realize there is no agreement requiring countries to contribute more funds for climate activities,” he says.

Loss and Damage

On the Loss and Damage Fund, operationalization and replenishment cycles are now confirmed. A first in the history of COPs, trade was and will be discussed within the UNFCCC rather than just the World Trade Organization, in recognition of the intersection between trade and climate change.

The UN climate summit also delivered new initiatives such as the launch of the Global Implementation Accelerator and the Belém Mission to 1.5°C to drive ambition and implementation. This is about meeting the ambition gap by cutting emissions. The ‘Belem Package’ seeks to raise ambition by setting a new 1.5°C warming target to match the pace of the climate crisis. There was also a commitment to promote information integrity and counter false narratives.

Ultimately, COP30 will be remembered for increased climate activism and, more so, the visibility of Indigenous Peoples and the recognition of Afro-descendants. Importantly, it’s the recognition of the cross section between climate change and action and racial justice—although the reaction from some Indigenous peoples is that they would like to have a formal seat at the table.

Belém also raised ambitions for protecting the world’s forests, as the Forest Finance Roadmap is already backed by 36 governments, accounting for 45 percent of global forest cover and 65 percent of GDP. This roadmap seeks to close a USD 66.8 billion annual gap for tropical forest protection and restoration.

UN Climate Change Executive Secretary Simon Stiell summed up the positives.

“So COP30 showed that climate cooperation is alive and kicking. Keeping humanity in the fight for a livable planet. And that’s despite roaring political headwinds. That while one country stepped back. 194 countries have stood firm in solidarity. Rock-solid in support of climate cooperation.

“With or without Navigation Aids, the direction of travel is clear: the shift from fossil fuels to renewables and resilience is unstoppable, and it’s gathering pace,” Stiell said at a press conference at the end of the COP.

However, many others will also remember COP30 for its lack of ambition to deliver on a 2023 promise made to the world to phase out fossil fuels. The lack of a science-based pathway to facilitate a fast, fair and funded phaseout of fossil fuels is a blemish on Belém’s climate deal.

IPS UN Bureau Report

 


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Excerpt:


Despite nearly 80 developed and developing countries standing firm demanding an end to the use of planet-warming fossil fuels, there is no mention of fossil fuels in the final COP30 agreement, only an oblique reference to the ‘UAE consensus.’