Perspective: Baku to Belem Roadmap | 06 November, 2025 скачать в хорошем качестве

Perspective: Baku to Belem Roadmap | 06 November, 2025

Ahead of the UN Climate Change Conference (COP30), scheduled from 10th to 21st November in Belém, the COP presidencies of Azerbaijan and Brazil have released the much-anticipated report titled ‘The Baku to Belém Roadmap to 1.3 Trillion Dollars.’ This roadmap converts the promise made at COP29 into a concrete plan, outlining how developing countries can receive USD 1.3 trillion annually by 2035 from all international sources. It lays out multiple options to scale up climate investment to this level. The roadmap identifies five action fronts on finance - Replenishing, Rebalancing, Rechanneling, Revamping, and Reshaping (5R) to deliver the 1.3 T by 2035 with 300 billion dollars being a part of the overall goal. As per the report, under ‘replenishment’, developed countries are to achieve manifold increases in the delivery of grants and concessional climate finance, including through bilateral and multilateral channels. Most importantly, multilateral climate funds to be supported by strong replenishments towards fulfilling the decision to “at least triple annual outflows from 2022 levels by 2030 at the latest with a view to significantly scale up the share of finance delivered through them in delivering” on the 300 billion dollars goal. Under ‘rebalancing,’ creditor countries, the International Monetary Fund and multilateral development banks will work together to alleviate onerous debt burdens faced by developing countries including through climate-resilient debt clauses, debt-for-nature/climate swaps, other state-contingent or prearranged facilities, providing support to reduce debt vulnerability. Under ‘rechanneling’– multilateral development banks, development finance institutions, public development banks and multilateral climate funds to significantly scale the availability and quality of catalytic financial and risk mitigation instruments such as guarantees, foreign exchange hedging, insurance products, securitization platforms and risk-bearing capital including early-stage equity. To ‘revamp’ the financial architecture, the report recommends that governments should mainstream climate, nature and just transition objectives into planning, budgeting and investment frameworks, respecting national needs and priorities and aiming towards whole-of-government, whole-of-economy approaches. And finally, the report recommends that countries ‘reshape’ financial structures for enhanced capital flows. National supervisors and central banks have to gradually embed climate stress-testing requirements into supervisory reviews and bank risk management obligations. So, while the roadmap has been set, the questions now are: How will these recommendations translate into action? What financing pathways does the report envision? How feasible are these options, and how can stakeholders make sustained progress across the five action fronts over the medium to long term? #BakuToBelem #climatechange #COP30 Anchor: - Teena Jha Producer: - Sagheer Ahmad Guest Coordinator:- Deepti Vashisht, Vinod Kumar Singh, Paras Kandpal 1. Ulka Kelkar, ED, Climate, Economics & Finance, WRI 2. Dr. Manish Kumar Shrivastava, Associate Director, Climate Change, TERI Sansad Television is the Parliamentary channel of India. It was created in 2021 by merging Lok Sabha Television and Rajya Sabha Television. Follow us on: -Twitter:   / sansad_tv   -Insta:   / sansad.tv   -FB:   / sansadtelevision   -https://whatsapp.com/channel/0029VanO... -WhatsApp: https://whatsapp.com/channel/0029VanO... -  / published   Visit Sansad TV website: https://sansadtv.nic.in/