Cold or Heat, A Disputed Roadmap to Leave Fossil Fuels Behind in COP30

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Climate Change

Entrance to the Hangar Convention Center of the Amazonia in the northeastern Brazilian city of Belém. The climate summit, which began on November 10 and is due to conclude on Friday the 21st, is debating issues such as the phase-out of fossil fuels and adaptation goals. Credit: Emilio Godoy / IPS

Entrance to the Hangar Convention Center of the Amazonia in the northeastern Brazilian city of Belém. The climate summit, which began on November 10 and is due to conclude on Friday the 21st, is debating issues such as the phase-out of fossil fuels and adaptation goals. Credit: Emilio Godoy / IPS

BELÉM, Brazil, Nov 20 2025 (IPS) – The heat in the Hangar Convention Center of the Amazonia, in the northeastern Brazilian city of Belém, has reached the negotiation rooms of the climate summit. Over the past 72 hours, one of the most delicate and significant discussions of this climate meeting has been taking place: the path to progressively abandon the production and use of coal, gas, and oil.


In recent hours, a global coalition of rich and developing countries, led by Colombia, has doubled down on pushing for a fossil fuel phase-out roadmap, while major producer countries resist it.

“The plan must have differentiated commitments, the elimination of fossil fuel subsidies, and the reform of the international financial system, because foreign debt payments are punishing us,” Colombian Environment Minister Irene Vélez explained to IPS.

For the official, the 30th United Nations Conference of the Parties (COP30) on climate change must result in a roadmap. “People are mobilizing, demanding climate action; we have to start now,” she urged.

In Belém, the gateway to the planet’s largest rainforest, it is no longer just about reducing emissions but about transforming the foundation of the energy system, thus acquiring a moral, political, and scientific urgency. What was initially meant to be the “Amazon COP” has mutated into the “end-of-the-fossil-era-COP,” but the roadmap to achieve it is a toss-up.

“The plan must have differentiated commitments, the elimination of fossil fuel subsidies, and the reform of the international financial system, because external debt payments are punishing us” –Irene Vélez.

Two years after the world agreed at COP28, held in 2023 in Dubai, to move away from fossil fuels, Belém is the moment of truth, upon which the effort to keep global warming below the 1.5° Celsius limit largely depends—a goal considered vital to avoid devastating and inevitable effects on ecosystems and human life.

Thus, the discussion among the 197 parties to the United Nations climate convention has shifted from the “what” to the “how,” and especially to the “when,” questions that have turned potential coordinates into a geopolitical labyrinth.

In that vein, a coalition of over 80 countries emerged on Tuesday the 18th to push the roadmap, including Colombia, Chile, Guatemala, and Panama among the Latin American countries.

One challenge for the roadmap advocates is that the issue is not explicitly part of the main agenda, a resource that the Brazilian presidency of COP30 could use to shirk responsibility on the matter.

The issue appears on the thematic menu of COP30, which started on the 10th and is scheduled to conclude on the 21st, and whose official objectives include approving the Global Goal on Adaptation to climate change and securing sufficient funds for that adaptation.

Approximately 40,000 people are attending this climate summit, including government representatives, multilateral agencies, academia, and civil society organizations.

An unprecedented indigenous presence is also in attendance, with about 900 delegates from native peoples, drawn by the ancestral call of the Amazon, a symbol of the menu of solutions to the climate catastrophe and simultaneously a victim of its causes.

Also present and very active in Belém are about 1,600 lobbyists from the hydrocarbon industry, 12% more than at the 2024 COP, according to the international coalition Kick Big Polluters Out.

The clamor from civil society demands an institutional structure with governance, clear criteria, measurable objectives, and justice mechanisms.

“The roadmap has become a difficult issue to ignore; it is already at the center of these negotiations, and no country can ignore it. The breadth of support is surprising, with rich and poor countries, producers and non-producers, indicating that an agreement is about to fall,” Antonio Hill, Just Transitions advisor for the non-governmental and international Natural Resource Governance Institute, told IPS.

Activists protest on Wednesday the 19th against fossil fuel exploitation at the entrance to the venue of the Belém climate summit, in the Amazonian northeast of Brazil. Credit: Emilio Godoy / IPS

Activists protest on Wednesday the 19th against fossil fuel exploitation at the entrance to the venue of the Belém climate summit, in the Amazonian northeast of Brazil. Credit: Emilio Godoy / IPS

Poisoned

The push for the roadmap comes from the Fossil Fuel Non-Proliferation Treaty, promoted by civil society organizations, strongly adopted by Colombia, and which so far has the support of 18 nations, but no hydrocarbon-producing Latin American country, such as Argentina, Brazil, Ecuador, Mexico, or Venezuela.

Colombia, despite also being a producer and exporter of fossil fuels, has presented its Roadmap for a Just Energy Transition, with which it seeks to replace income from coal and oil with investments in tourism and renewable energy.

Colombia’s 2022-2052 National Energy Plan projects long-term reductions in fossil fuel production. The country announced US$14.5 billion for the energy transition to less polluting forms of energy production.

But for the rest of the region, the duality between maintaining fossil fuels and promoting renewable energies persists.

A prime example of this duality is the COP30 host country itself, Brazil. While the host President, Luiz Inácio Lula da Silva, and his Minister of Environment and Climate Change, Marina Silva, have insisted on the need to abandon fossil fuels, the government is promoting expansive oil and gas extraction plans.

In fact, just weeks before the opening of COP30, the state-owned oil group Petrobras received a permit for oil exploration in the Atlantic, just kilometers from the mouth of the Amazon River.

But Lula and his team committed that this summit in the heart of the Amazon would be “the COP of truth” and “the COP of implementation,” and the issue of fossil fuels has become central to the negotiations, which Lula joined on Wednesday the 19th to give a push to the talks and the outcomes.

In their Nationally Determined Contributions (NDCs)—the set of mitigation and adaptation policies countries must present to comply with the Paris Agreement on climate change signed in 2015 at COP21—Argentina, Brazil, Mexico, or Chile avoid mentioning a managed phase-out of fossil fuels.

Simply put, they argue they cannot let go of the old vine before grasping the new one. This stance also involves a delicate aspect, as nations like Ecuador depend on revenues from hydrocarbon exploitation.

Therefore, the Global South has insisted on its demand for funding from rich nations, due to their contribution to the climate disaster through fossil fuel exploitation since the 17th century.

The result of the presented policies is alarming: although many countries have increased their emission reduction targets on paper, they lack details on phasing out production. The only existing roadmap is the growing extractive one.

In fact, the Global Stocktake of the Paris Agreement process, originating from COP28, demanded that countries take measures to move towards a fossil-free era.

The argument is unequivocal: various estimates indicate that fossil fuels contribute 86% of greenhouse gas emissions, the cause of global warming.

But a key point is where to start. For Uitoto indigenous leader Fanny Kuiru Castro, the new general coordinator of the Coordinator of Indigenous Organizations of the Amazon Basin –which  brings together the more than 350 native peoples of the eight countries sharing the biome–, the starting point must precisely be at-risk regions like the Amazon.

“It is a priority. If there isn’t a clear signal that we must proceed gradually, it means the summit has failed and does not want to adopt that commitment. We will have another 30 years of speeches,” she told IPS, alluding to that number of summits without substantial results.

In the Amazon, oil blocks threaten 31 million hectares or 12% of the total area, mining threatens 9.8 million, and timber concessions threaten 2.4 million.

And in that direction, a major obstacle arises: how to finance the phase-out. The roadmap has a direct link to the financial goals aimed at the Global South, with a demand for US$1.2 trillion in funding for climate action starting in 2035.

“Can the COP deliver the financial backing that countries need to reinvent their economies in time to guarantee just and inclusive development?” Hill questioned.

The atmosphere in Belém is of a different urgency compared to Dubai or Baku, where COP29 was held a year ago. The roadmap to a world free of fossil fuel smoke remains a blurry map, drawn freehand on ground that is heating up far too quickly.

In Belém, humanity is deciding whether to brake gradually or to accelerate, with the air conditioning on and a full tank.

 

Mexico’s Development Banks Fuel the Fossil Energy Trade

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Energy

Demonstrators demand clarification of the murder of land rights activist Samir Flores and the shutdown of a thermoelectric plant in the state of Morelos, in central Mexico, in a February 2019 protest on Mexico City's emblematic Paseo Reforma. CREDIT: Emilio Godoy/IPS

Demonstrators demand clarification of the murder of land rights activist Samir Flores and the shutdown of a thermoelectric plant in the state of Morelos, in central Mexico, in a February 2019 protest on Mexico City’s emblematic Paseo Reforma. CREDIT: Emilio Godoy/IPS

MEXICO CITY, May 20 2020 (IPS) – Since 2012, Teresa Castellanos has fought the construction of a gas-fired power plant in Huexca, in the central Mexican state of Morelos, adjacent to the country’s capital.


“We don’t want the power plant to operate, because it will cause irreparable damage, polluting the water and air. This project was imposed on us; we have to defend the water and the land. This is not an industrial zone,” the activist, coordinator of the Huexca Resistance Committee, told IPS.

During the tests, the constant noise of the turbines also altered the life of this small community of just over 1,000 people, mostly farmers, near the Cuautla River, within the rural municipality of Yecapixtla.

“Development banks must have safeguards and principles for sustainable investment. National regulations are needed, which define climate finance and green finance, what principles govern them, what are the climate risks. The trend should be to increasingly finance green projects and less and less hydrocarbons.” — Liliana Estrada

The Central Combined Cycle Plant, located in Huexca and with a capacity of 620 megawatts based on gas and steam, is part of the Morelos Integral Project (PIM), developed by the state Federal Electricity Commission (CFE). It also consists of an aqueduct and a gas pipeline that crosses the states of Morelos, Puebla and Tlaxcala.

The People’s Front in Defence of Land and Water of Morelos, Puebla and Tlaxcala and its ally, the Permanent Assembly of the People of Morelos, have managed to get several court orders that have blocked the operation of the plant, the 12-km aqueduct and the 171-km gas pipeline since 2015.

Castellanos, who has won an international and a national award for her activism, has been involved in the battle against the plant from the very start, which has earned her persecution and threats.

The opposition to the power plant by local communities that depend on planting corn, beans, squash and tomatoes and raising cattle and pigs, focuses on the lack of consultation, the threat to their agricultural activity, due to the extraction of water from the rivers, and the discharge of liquid waste.

In February 2019, a public consultation that did not meet international standards supported the completion of the project.

A few days earlier, activist Samir Flores had been murdered, a crime that remains unsolved – just one more instance of violence against environmentalists in Mexico. Despite Flores’ murder, the government of leftist President Andrés Manuel López Obrador went ahead with the referendum and upheld the result.

Public funds have fuelled the conflict, as the state-owned National Bank of Public Works and Services (Banobras) lent some 55 million dollars for the pipeline.

As in the case of other projects, development banks have become a financial pillar for the oil industry in Latin America’s second-largest nation, population 130 million.

The National Bank of Foreign Trade (Bancomext), Banobras and Nacional Financiera (Nafin) have funneled millions of dollars into building pipelines and oil and gas facilities in recent years, even though the climate change crisis makes it necessary to abandon such investments.

They have also financed renewable energy projects, but in much smaller amounts than fossil fuels.

The construction and operation of the Central Combined Cycle Plant, of the state Federal Electricity Commission, financed with public funds, unleashed a conflict with residents of Huexca, a small community in the central Mexican state of Morelos, which has brought the operation of the thermoelectric plant to a halt. CREDIT: Emilio Godoy/IPS

The construction and operation of the Central Combined Cycle Plant, of the state Federal Electricity Commission, financed with public funds, unleashed a conflict with residents of Huexca, a small community in the central Mexican state of Morelos, which has brought the operation of the thermoelectric plant to a halt. CREDIT: Emilio Godoy/IPS

Energy reform pillar

The energy reform that then conservative president Enrique Peña Nieto (2012-2018) enacted in 2013 opened the sector to private capital, broke the monopoly of the state-owned Petroleos Mexicanos (Pemex) oil giant and CFE, and made Mexico an attractive market for international investment in the sector.

To support this transformation, the state development banks also opened their coffers.´

Since 2012, Banobras, which finances infrastructure and public works and services, has lent at least 721 million dollars for the construction of gas pipelines, 10.2 billion dollars for oil and gas projects, 251 million dollars for electrical cogeneration, from steam generated in hydrocarbon plants, and eight million dollars for the construction of a thermoelectric plant that will burn fuel oil in the northwestern state of Baja California Sur.

Bancomext, which provides financing to exporters, importers and nine strategic sectors, has delivered some 500,000 dollars to oil companies in the eastern state of Tamaulipas and another 446 million dollars in Mexico City. It has also provided 65.4 million dollars to gas initiatives in the northern state of Nuevo Leon and 626.7 million dollars in Mexico City.

In addition, it has contributed 1.5 billion dollars for the supply of gas through pipelines to the final consumer; 324 million dollars for the extraction of oil and gas; 216 million dollars for the construction of public works for oil and gas; 126 million dollars for the manufacture of products derived from oil and coal; nearly seven million dollars for oil refining; 0.65 million dollars for the commercialisation of fuels; 0.25 million dollars for the drilling and maintenance of hydrocarbon wells; as well as 0.25 million dollars for oil platform maintenance and services.

In February, Bancomext granted a loan of 7.1 million dollars to Grupo Diarqco, in what it presented as the first credit to a private Mexican company in the industry, to exploit an oil field in the southeastern state of Tabasco.

Nafin, which grants credits and guarantees to public and private projects, created in 2014 the Energy Impulse Programme for these initiatives, endowed with more than a billion dollars.

It also manages, along with the economy ministry, the Public Trust to Promote the Development of Energy Industry National Suppliers and Contractors, designed for the industrial promotion of local production chains and direct investment in the energy industry, which this year has a fund of some 41 million dollars.

Missing: social and environmental safeguards

As in the case of the Morelos Integral Project, the gas pipelines have been a source of conflict with local communities, arising from the lack of socio-environmental safeguards and standards to guarantee that a project and its financing will respect the human rights of potentially affected communities.

Nafin and Banobras lack such safeguards, while Bacomext has had an “Environmental and Social Risk Management System Guide” since 2017, with no evidence of whether and how it has been applied to energy projects financed since then.

Since 2003, three platforms of international standards have emerged, to which Mexico’s development banks have not adhered, on human rights; social and environmental assessments and impacts; the application of safeguards; stakeholder participation; complaint resolution; and transparency.

The planet needs 80 percent of the global hydrocarbon reserves to stay underground in order for the temperature increase to remain at 1.5 degrees Celsius, as set out in the Paris Agreement on climate change.

The treaty, signed by 196 countries and territories in 2015, will enter into force at year-end and is considered indispensable to avoid irreversible climate disasters and human catastrophes.

Liliana Estrada, a researcher with the Climate Finance Group of Latin America and the Caribbean, told IPS that most investment in energy still goes to fossil fuels.

“After the reform, they have to enter into strategic projects and follow the guidelines of the government; they cannot go against these strategic lines. The gas and gas pipelines became strategic,” with the boost to the megaprojects of the López Obrador administration, said the representative of this coalition of non-governmental organisations and academics.

These credits are part of the fossil fuel subsidies that Mexico has pledged, to several international bodies, to eliminate.

The Mexican energy industry has also attracted international private banks, which have lent 55.95 billion dollars to 12 corporations, according to “Banking on Climate Change: Fossil Fuel Finance Report 2020”, released in March by six international environmental organisations.

The CFE received some 5.4 billion dollars from 12 banks between 2016 and 2019, and Pemex received 48.3 billion dollars from 20 foreign banks.

Based on Huexca’s experience, Castellanos demanded that these investments be stopped.

“If it’s our company, as the government says, then we can close it down. We have to defend the space in which we live, because we only have one planet and it belongs to all of us, it belongs to every living being, and it is our obligation to contribute something to this planet, because we are only here for a short while, we are guests of the earth”, she said.

Estrada called for sustainable financing regulations and questioned the lack of government leadership in this regard.

“Development banks must have safeguards and principles for sustainable investment,” she said. “National regulations are needed, which define climate finance and green finance, what principles govern them, what are the climate risks. The trend should be to increasingly finance green projects and less and less hydrocarbons.”

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