BusinessEurope expectations for COP30

In November 2025, Parties and observers meet in Belém for this year’s UN Climate Change Conference COP30. With last year being the warmest year on record and amid ongoing geopolitical tensions, the importance of effective and coordinated international climate cooperation is evident. COP30 will be a crucial moment to not only test the world’s commitment to multilateral climate action, but also to demonstrate that ambition can go hand in hand with economic resilience and competitiveness.

When the global climate community gathers in Belem, they will be equipped with several important reports showing the state of climate action. Most importantly, Parties should have submitted their new Nationally Determined Contributions (“NDCs”) for the next 10 years. Based on the UNFCCC’s synthesis report, it will be crucial to stake stock of the ambition levels contained in the NDCs at COP30 – while also reflecting on the enabling conditions for effective implementation.

In Belém, Parties must build on the success at COP29 in Baku to get the new carbon markets under Article 6 up and running. Parties must also overcome previous hurdles in the negotiations on mitigation to make substantial progress. Among the critical non-negotiated items is the need to deliver on the New Collective Quantified Goal for Climate Finance (NCQG), via the Baku to Belém Roadmap. There is an increasingly evident need to advance climate adaptation actions and financing, as well as enable effective National Adaptation Plans due in 2025. To secure sufficient time for the crucial negotiations and discussions, conflicts over agendas delaying the start of negotiations must be avoided.

European businesses stand fully behind the goals of the Paris Agreement and the EU’s climate neutrality target for 2050. Europe’s innovative companies bring solutions of pivotal importance to reach climate neutrality and enable higher ambitions globally. COP30 will be crucial to assess progress towards a 1.5°C trajectory. Businesses are indispensable partners on this journey. To play their part, European businesses need enabling framework conditions and to see increased global ambitions with clear commitments, interoperability of frameworks globally, long-term visibility and predictability.