Climate Coalition (COP30 proposal)

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The Climate Coalition is the main Brazilian proposal for the United Nations Climate Conference 2025 COP30 in Belém, Brazil.[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 similarly as 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

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  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.