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COP30 concludes with no mention of fossil fuel phase out in final deal

COP30 concludes with no mention of fossil fuel phase out in final deal

26 Nov 2025

The 30th Climate Change Conference of the Parties (COP30) summit officially concluded on 21 November 2025, with the final agreement delivered on 22 November 2025.

COP30 had a marked absence of senior delegations from the US, reflecting US President Donald Trump’s scepticism over climate change and the announcement of withdrawal from the Paris Agreement earlier in the year.

In this briefing, Rebecca Helme discusses key outcomes from COP30 and the implications for investors.

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