The COP30 climate talks in Brazil have reached a tentative deal, sources told Reuters on Saturday, after negotiators resolved a protracted standoff over action to cut greenhouse gas emissions and climate finance, APA reports citing Reuters.
The two-week conference, billed as a chance to show that nations can still join forces to tackle climate change despite the absence of the United States, had been scheduled to end on Friday but dragged into overtime as negotiators struggled to resolve the standoff.
Sources said the impasse was resolved after all-night negotiations led by host nation Brazil, though a final deal text had not yet been published and details of the compromise were not immediately clear.
The European Union agreed not to stand in the way of a deal, two sources familiar with the matter told Reuters on Saturday morning. The Brazilian presidency scheduled a closing plenary session for the conference for 11 a.m. local time (1400 GMT). Any deal needs a consensus to be approved.