Day 5 of COP30: Implementation Across Energy, Industry, and Finance

Belém, Brazil – November 14, 2025 – Day 5 of the COP30 negotiations, focused on energy, industry, transport, trade, finance, carbon markets, and non-CO2 Gases, successfully advanced system-wide transformation by fostering tangible partnerships, investments, and implementation mechanisms. Governments, industry, finance, and civil society stepped forward to scale sustainable fuels, modernise power systems, and deepen industrial decarbonisation.

Quadrupling Sustainable Fuels and Decarbonising Transport

Momentum gathered rapidly for sustainable fuels with the launch of the Clean Energy Ministerial Future Fuels Action Plan. This plan serves as the implementation platform for the Belém Commitment for Sustainable Fuels (“Belém 4x”), which commits to quadrupling sustainable fuel use by 2035. The Belém 4x Pledge has expanded swiftly, now supported by 23 countries, up from just four a month prior. The Action Plan outlines 20 cross-sector actions focusing on demand creation, carbon accounting, and infrastructure, specifically targeting hard-to-abate sectors such as aviation, shipping, steel, and cement.

Significant sector-specific commitments included:

• Shipping giant Maersk announced plans to operate 41 methanol-enabled vessels by 2027 and confirmed offtake agreements for 500,000 tonnes of green methanol annually from 2026.

• A Joint Declaration on Development and Promotion of Sustainable Aviation Fuel (SAF) in Latin America was signed by six major groups (including airlines, biofuel producers, and energy sectors) to turbocharge regional SAF use, focusing on setting unified fuel rules, securing funding, and building farm-to-flight supply chains.

• Furthermore, ten countries, led by Chile, unveiled a landmark Declaration for a Global Transport Effort. This collective effort aims to align the transport sector - the second largest emitting sector - with the 1.5°C goal by calling for a 25% drop in overall energy demand from transport by 2035, and shifting one-third of transport energy to sustainable biofuels and renewable sources.

  
  

Fortifying Global Grids and Industrial Decarbonisation

Green industrialisation received a major boost as ministers formally adopted the Belém Declaration on Global Green Industrialization. This framework positions green industrialisation at the centre of economic strategy for countries, especially in Emerging Markets and Developing Economies (EMDEs). Governments committed to advancing technology transfer, sustainable supply chains, and South–South cooperation to accelerate decarbonised manufacturing. Endorsing countries include Brazil, Germany, South Africa, UK, and Australia.

In a critical move for heavy industry, interoperability agreements among steel standards initiatives were established. ResponsibleSteel signed bilateral agreements with Chinese (CISA) and European (LESS) steel standards initiatives. These initiatives now cover 70% of global steel production and create the foundation for a global market in near-zero steel.

Investment in energy infrastructure reached a new milestone as the Utilities for Net Zero Alliance (UNEZA) announced a sharp increase in annual energy-transition investment plans, committing nearly $150 billion per year (up from 117 billion) with a major emphasis on power grids and storage.This commitment places utilities on track to invest about 1 trillion to more than triple their collective renewable capacity by 2030. To guide this transformation, the Global Grids and Storage Coordination Council was launched, alongside new Climate Finance Principles for Grids endorsed by financial institutions globally to standardise and scale investment in emerging economies.

Shifting Finance Away from Fossil Fuels

Momentum toward transitioning away from fossil fuels continued through various coalitions outlining roadmaps and financing shifts. The Powering Past Coal Alliance (PPCA) presented a plan to support countries developing coal transition strategies, while the Beyond Oil & Gas Alliance (BOGA) outlined a practical mechanism to support the managed decline of oil and gas production.

Crucially, financial signals are shifting: members of the Clean Energy Transition Partnership (CETP) have reduced international public finance for fossil fuels by up to 75% since 2021, preventing nearly $31 billion from reinforcing carbon-intensive systems. In the same period, their finance to support clean energy abroad grew by 77%. Globally, approximately $2.2 trillion is expected to flow into clean energy this year, doubling the level of fossil fuel investment.

New data shared by the IMF estimates $7.63 trillion in public support to fossil fuels in line with previous estimates, with the alarming finding that only 9 cents of every dollar spent benefits the poorest 20% of households, underscoring the urgency and inequity of maintaining subsidies.

Equity, Efficiency, and Extreme Heat

To address efficiency gaps, Mission Efficiency launched the Energy Efficiency De-Risking Platform to connect investors with project pipelines across industry, transport, buildings, appliances, and lighting.

In matters of social equity, youth leaders gathered at the People’s Circle to call for racial equity in climate policy, discussing how environmental racism affects exposure to climate risks in vulnerable territories. Participants emphasised the need to incorporate justice and lived realities into climate transitions.

Finally, the COP30 Presidency advanced discussions under the Global Task Force Against Extreme Heat, focusing on protecting workers in exposed sectors like construction, transport, and agriculture through sustainable cooling and urban resilience measures.

Day 6 Preview: Saturday’s agenda continues the focus on systemic solutions, featuring discussions on Climate Change and Trade, Taxonomy Interoperability, Solidarity Levies, and the launch of the Platform for Clean Cooking in Schools. Climate Action for Associations (CAFA) are attending COP30 as official NGO Observer. This year we are attending in a virtual capacity, providing our members with direct reporting from the heart of the negotiations. We are committed to delivering daily insights and a comprehensive end-of-COP report to ensure you stay fully informed on the outcomes that matter to membership organisations and their members.

For more information and updates on COP30 from us, follow this link. Original source: COP30 Evening Summary – November 14