India, Nov. 22 -- At the closing plenary on November 22 afternoon, the 30th Conference of the Parties (COP30) to the UN Framework Convention on Climate Change (UNFCCC) formally adopted a new Just Transition Mechanism (JTM) - also known as the Belem Action Mechanism (BAM) - but left its operational timeline, technical functions, and finance undefined. The mechanism is intended to strengthen cooperation, technical assistance and capacity-building, yet falls short of delivering the predictable, additional finance demanded by developing countries.

JTWP moves forward without establishing the mechanism

While the Just Transition Work Programme (JTWP) decision advanced, it stopped short of establishing the full mechanism. Instead, countries are...