Climate Coalition (COP30 proposal)

Last updated

The Climate Coalition is the main Brazilian proposal for the United Nations Climate Conference 2025, COP30. [1] [2]

It is supported by a group of academics around MIT. The MIT group's report proposes a carbon price floor of US$50 per tonne of CO2 equivalent for all Climate Coalition members, with border carbon adjustment. [3]

The Climate Coalition would work similar to the G7 proposal of a Climate club. The proposal is distinct from the Brazilian proposal to launch a UNFCCC / World Trade Organization forum on climate and trade. [4]

References

  1. "Ministry of Finance proposes global coalition for carbon market". valorinternational (in Brazilian Portuguese). 2025-09-12. Retrieved 2025-10-07.
  2. Ainger, John (2025-09-23). "Brazil Lobbies EU, China to Join COP30 Carbon Market Coalition". Bloomberg.com. Retrieved 2025-10-07.
  3. "Building a Climate Coalition: Aligning Carbon Pricing, Trade, and Development". The Salata Institute. 2025-09-16. Retrieved 2025-10-07.
  4. "COP30: An Integrated Vision for Climate Change and Trade". TESS. Retrieved 2025-10-07.