India, Nov. 21 -- On November 21, COP30 unveiled new texts, highlighting a proposal to triple adaptation finance by 2030 and introducing a just transition mechanism.

The texts, however, omit the roadmap for transitioning away from fossil fuels.

Adaptation finance is to be primarily public and grant-based, but lacks clarity on responsible actors for the tripling.

In the early hours of November 21, 2025, the 30th Conference of Parties to the United Nations Framework Convention on Climate Change (COP30) finally released a fresh set of draft texts after two days of silence and closed-door talks, offering the first real glimpse of how the outcome in Belem may take shape.

Global Mutirao decision

The new Global Mutirao text has reduced the ...