UPDATED October 8, 2025
Image source: COP30 Brasil Amazônia
As the world converges on Belém for COP30 (10–21 November 2025), it marks a significant milestone for sustainability and climate change. From the first COP held in Berlin, 1995 to the monumental Paris Agreement in COP21, the Conference of Parties has been key in our mitigation and adaptation strategies towards climate change.
This year, the Presidency of Brazil hosts the COP under four key leadership circles1.
The first is the Circle of Finance. Headed by Finance Minister Fernando Haddad, it comprises of several ministers, experts, the private sector and more. The key discussion pushes forward from the NCGQ (New Collective Quantified Goal), which is a USD$300 billion financial supporting mechanism for developing countries in mitigating and adapting to climate change.
Under the “Baku to Belém Roadmap to 1.3T”, this coming COP will explore means of blending finance from both private and public sectors to achieve USD$1.3 trillion per year by 2035 for the developing countries2.
The second is the People’s Circle, headed by Minister Sonia Guajajara. With the key objective of melding the knowledge and contributions of indigenous and traditional peoples, this serves as a platform for their voices to be heard and integrated into the international effort towards climate change.
The third is the Circle of Presidents, headed by French Foreign Minister Laurent Fabius. As the President of COP213, Minister Laurent Fabius played a key role in bringing forward the Paris Agreement and achieving the landmark international treaty.
By gathering the Presidents of the COPs since 2015, one of the key objectives is to accelerate the implementation of the Paris Agreement and to bring the expertise of past presiding leaders in shaping future climate legislation and governance.
The fourth is the Circle of Global Ethical Stocktake (GES), jointly led by Brazilian President Luiz Inácio Lula da Silva and UN Secretary-General António Guterres. As inspired by the first Global Stocktake4 in 2023, which analysed and studied the progress and challenges towards meeting the goals of the Paris Agreement, the GES serves to assess the ethical dimensions towards climate debate and negotiations.
Marina Silva, the Brazilian Minister of the Environment and Climate Change, believes that we “already possess virtually all the technical solutions” to address climate change, and that it is vital for us to “apply our technical capabilities and accelerate our political decisions”. Going forward from technical considerations, the GES is a stocktake of our urgency and commitment to address climate change.
Together, our efforts are part of a “Global Mutirão” – which translates to a global joint effort. As introduced by the Brazilian President of the Conference André Corrêa do Lago, we must work together hand-in-hand through our governments, private sectors, shared innovation and technologies to heal our planet.
References:
Terrenus Energy Legal Notice
While we endeavor to ensure that all information provided in this website is accurate and current, the material may inadvertently contain inaccuracies, errors and/or omissions. As such, any reliance on the information provided is at your own risk. We do not make any representations or warranties as to the accuracy, completeness, or timeliness of the information provided and we assume no liability for any use of the information provided. The information provided may be updated, modified, or removed at any time by us without prior notice to you.
Readers are strongly encouraged to independently verify any information before relying on it. By using or relying on the information provided in this website, you agree to waive and release any claims, actions, deficiencies, losses, expenses, and/or the likes against Terrenus Energy in relation to the use or reliance thereof to the fullest extent permissible by applicable law.
All content provided in this website shall be and remain the property of Terrenus Energy.