ECCO think tank
@eccoclimate.bsky.social
ECCO is an independent Italian, non-profit think tank dedicated to climate change and the energy transition.
Join our mission to accelerate climate action in Italy, the Mediterranean, Europe and around the world #ECCOThinkTank.
https://eccoclimate.org/
Join our mission to accelerate climate action in Italy, the Mediterranean, Europe and around the world #ECCOThinkTank.
https://eccoclimate.org/
5/5🔈Additional announcements:
92 countries signed a Global Declaration on Gender Equality and Climate Action, reaffirming their shared commitment to human rights and gender-responsive climate policies.
… and that’s a wrap for today! Stay tuned for tomorrow’s updates.
92 countries signed a Global Declaration on Gender Equality and Climate Action, reaffirming their shared commitment to human rights and gender-responsive climate policies.
… and that’s a wrap for today! Stay tuned for tomorrow’s updates.
November 11, 2025 at 3:30 PM
5/5🔈Additional announcements:
92 countries signed a Global Declaration on Gender Equality and Climate Action, reaffirming their shared commitment to human rights and gender-responsive climate policies.
… and that’s a wrap for today! Stay tuned for tomorrow’s updates.
92 countries signed a Global Declaration on Gender Equality and Climate Action, reaffirming their shared commitment to human rights and gender-responsive climate policies.
… and that’s a wrap for today! Stay tuned for tomorrow’s updates.
4/5✅ Just transition
Talks continue on creating permanent institutional arrangements to coordinate just transition policies.
Some countries fear duplication, but many – including the G77, China, Africa and Chile – stress the need for a mechanism that ensures coherence and social inclusion.
Talks continue on creating permanent institutional arrangements to coordinate just transition policies.
Some countries fear duplication, but many – including the G77, China, Africa and Chile – stress the need for a mechanism that ensures coherence and social inclusion.
November 11, 2025 at 3:30 PM
4/5✅ Just transition
Talks continue on creating permanent institutional arrangements to coordinate just transition policies.
Some countries fear duplication, but many – including the G77, China, Africa and Chile – stress the need for a mechanism that ensures coherence and social inclusion.
Talks continue on creating permanent institutional arrangements to coordinate just transition policies.
Some countries fear duplication, but many – including the G77, China, Africa and Chile – stress the need for a mechanism that ensures coherence and social inclusion.
3/5📄 NDCs
Following the updated UNFCCC synthesis report on emission pledges, AOSIS, the EU, Norway and Australia are calling for a collective response to the ambition gap.
They propose a roadmap similar to the Baku-to-Belém Roadma for the $1.3 trillion climate finance target.
Following the updated UNFCCC synthesis report on emission pledges, AOSIS, the EU, Norway and Australia are calling for a collective response to the ambition gap.
They propose a roadmap similar to the Baku-to-Belém Roadma for the $1.3 trillion climate finance target.
November 11, 2025 at 3:30 PM
3/5📄 NDCs
Following the updated UNFCCC synthesis report on emission pledges, AOSIS, the EU, Norway and Australia are calling for a collective response to the ambition gap.
They propose a roadmap similar to the Baku-to-Belém Roadma for the $1.3 trillion climate finance target.
Following the updated UNFCCC synthesis report on emission pledges, AOSIS, the EU, Norway and Australia are calling for a collective response to the ambition gap.
They propose a roadmap similar to the Baku-to-Belém Roadma for the $1.3 trillion climate finance target.
2/5💶 Finance
Long-term finance discussions were unexpectedly postponed to COP31, with no formal agenda requests.
This COP will also decide whether/how to continue the “Sharm El-Sheikh Dialogue on Article 2.1(c)” (aligning financial flows with the Paris Agreement goals).
Long-term finance discussions were unexpectedly postponed to COP31, with no formal agenda requests.
This COP will also decide whether/how to continue the “Sharm El-Sheikh Dialogue on Article 2.1(c)” (aligning financial flows with the Paris Agreement goals).
November 11, 2025 at 3:30 PM
2/5💶 Finance
Long-term finance discussions were unexpectedly postponed to COP31, with no formal agenda requests.
This COP will also decide whether/how to continue the “Sharm El-Sheikh Dialogue on Article 2.1(c)” (aligning financial flows with the Paris Agreement goals).
Long-term finance discussions were unexpectedly postponed to COP31, with no formal agenda requests.
This COP will also decide whether/how to continue the “Sharm El-Sheikh Dialogue on Article 2.1(c)” (aligning financial flows with the Paris Agreement goals).
1/5🔎 Adaptation
Countries are discussing the adoption of a shared set of indicators for the Global Goal on Adaptation.
The proposed package (~100 indicators, distilled from nearly 10,000) remains controversial, as adaptation remains very context specific.
Countries are discussing the adoption of a shared set of indicators for the Global Goal on Adaptation.
The proposed package (~100 indicators, distilled from nearly 10,000) remains controversial, as adaptation remains very context specific.
November 11, 2025 at 3:30 PM
1/5🔎 Adaptation
Countries are discussing the adoption of a shared set of indicators for the Global Goal on Adaptation.
The proposed package (~100 indicators, distilled from nearly 10,000) remains controversial, as adaptation remains very context specific.
Countries are discussing the adoption of a shared set of indicators for the Global Goal on Adaptation.
The proposed package (~100 indicators, distilled from nearly 10,000) remains controversial, as adaptation remains very context specific.
6/6 🇵🇰 More good news: Pakistan cuts LNG contracts
In recent days, Pakistan announced the cancellation of 21 shipments of LNG under its long-term contract with Italy’s ENI.
The decision reflects a supply surplus due to falling industrial gas demand and increased renewable generation.
In recent days, Pakistan announced the cancellation of 21 shipments of LNG under its long-term contract with Italy’s ENI.
The decision reflects a supply surplus due to falling industrial gas demand and increased renewable generation.
November 11, 2025 at 3:27 PM
6/6 🇵🇰 More good news: Pakistan cuts LNG contracts
In recent days, Pakistan announced the cancellation of 21 shipments of LNG under its long-term contract with Italy’s ENI.
The decision reflects a supply surplus due to falling industrial gas demand and increased renewable generation.
In recent days, Pakistan announced the cancellation of 21 shipments of LNG under its long-term contract with Italy’s ENI.
The decision reflects a supply surplus due to falling industrial gas demand and increased renewable generation.
5/6 🇨🇳 And China? CO2 emissions have been stable or declining for 18 months.
The Vice Premier re-emphasised that climate change remains a priority, but one closely linked to economic goals.
Politically, Beijing sent no new signals, with no update on progress toward the 2030 peak emissions target.
The Vice Premier re-emphasised that climate change remains a priority, but one closely linked to economic goals.
Politically, Beijing sent no new signals, with no update on progress toward the 2030 peak emissions target.
November 11, 2025 at 3:27 PM
5/6 🇨🇳 And China? CO2 emissions have been stable or declining for 18 months.
The Vice Premier re-emphasised that climate change remains a priority, but one closely linked to economic goals.
Politically, Beijing sent no new signals, with no update on progress toward the 2030 peak emissions target.
The Vice Premier re-emphasised that climate change remains a priority, but one closely linked to economic goals.
Politically, Beijing sent no new signals, with no update on progress toward the 2030 peak emissions target.
4/6 🇧🇷 Brazil: between climate leadership & fossil fuels
Despite having one of the cleanest energy mixes in the world (90% of its electricity comes from renewable sources), Brazil remains heavily dependent on oil and biofuels.
Giulia Signorelli's study explores this duality:
tinyurl.com/bdz6j4dw
Despite having one of the cleanest energy mixes in the world (90% of its electricity comes from renewable sources), Brazil remains heavily dependent on oil and biofuels.
Giulia Signorelli's study explores this duality:
tinyurl.com/bdz6j4dw
Brazil’s paradoxes at COP30: between climate leadership and fossil fuels - ECCO
In a context of growing political fragmentation, Brazil remains the leading regional power in Latin America.
tinyurl.com
November 11, 2025 at 3:27 PM
4/6 🇧🇷 Brazil: between climate leadership & fossil fuels
Despite having one of the cleanest energy mixes in the world (90% of its electricity comes from renewable sources), Brazil remains heavily dependent on oil and biofuels.
Giulia Signorelli's study explores this duality:
tinyurl.com/bdz6j4dw
Despite having one of the cleanest energy mixes in the world (90% of its electricity comes from renewable sources), Brazil remains heavily dependent on oil and biofuels.
Giulia Signorelli's study explores this duality:
tinyurl.com/bdz6j4dw
3/6 📈 Don't be too SAD
Italy's 2023–2024 catalogue of Environmentally Harmful Subsidies was also published, showing:
➡️EHS have only slightly declined
➡️Fossil fuel subsidies still make up a large share
➡️Environmentally Friendly Subsidies are rising
Bottom line: a phase-out plan is urgent.
Italy's 2023–2024 catalogue of Environmentally Harmful Subsidies was also published, showing:
➡️EHS have only slightly declined
➡️Fossil fuel subsidies still make up a large share
➡️Environmentally Friendly Subsidies are rising
Bottom line: a phase-out plan is urgent.
November 11, 2025 at 3:27 PM
3/6 📈 Don't be too SAD
Italy's 2023–2024 catalogue of Environmentally Harmful Subsidies was also published, showing:
➡️EHS have only slightly declined
➡️Fossil fuel subsidies still make up a large share
➡️Environmentally Friendly Subsidies are rising
Bottom line: a phase-out plan is urgent.
Italy's 2023–2024 catalogue of Environmentally Harmful Subsidies was also published, showing:
➡️EHS have only slightly declined
➡️Fossil fuel subsidies still make up a large share
➡️Environmentally Friendly Subsidies are rising
Bottom line: a phase-out plan is urgent.
2/6
🔸Grants have halved in favour of loans & other financial instruments, raising debt risks for vulnerable countries.
🔸Mitigation funds have risen eightfold, while adaptation finance has increased marginally.
🔸COP28 pledges to multilateral facilities are still pending.
🔸Grants have halved in favour of loans & other financial instruments, raising debt risks for vulnerable countries.
🔸Mitigation funds have risen eightfold, while adaptation finance has increased marginally.
🔸COP28 pledges to multilateral facilities are still pending.
November 11, 2025 at 3:27 PM
2/6
🔸Grants have halved in favour of loans & other financial instruments, raising debt risks for vulnerable countries.
🔸Mitigation funds have risen eightfold, while adaptation finance has increased marginally.
🔸COP28 pledges to multilateral facilities are still pending.
🔸Grants have halved in favour of loans & other financial instruments, raising debt risks for vulnerable countries.
🔸Mitigation funds have risen eightfold, while adaptation finance has increased marginally.
🔸COP28 pledges to multilateral facilities are still pending.
1/6 🇮🇹 Italy’s climate finance is growing
Yesterday, Minister Pichetto Fratin announced a sharp increase in Italy’s international climate finance: €3.44 billion in 2024, up from €838 million in 2023.
This brings Italy closer to its fair share of the global contribution. But, challenges remain👇
Yesterday, Minister Pichetto Fratin announced a sharp increase in Italy’s international climate finance: €3.44 billion in 2024, up from €838 million in 2023.
This brings Italy closer to its fair share of the global contribution. But, challenges remain👇
November 11, 2025 at 3:27 PM
1/6 🇮🇹 Italy’s climate finance is growing
Yesterday, Minister Pichetto Fratin announced a sharp increase in Italy’s international climate finance: €3.44 billion in 2024, up from €838 million in 2023.
This brings Italy closer to its fair share of the global contribution. But, challenges remain👇
Yesterday, Minister Pichetto Fratin announced a sharp increase in Italy’s international climate finance: €3.44 billion in 2024, up from €838 million in 2023.
This brings Italy closer to its fair share of the global contribution. But, challenges remain👇
6/6 🇵🇰 More good news: Pakistan cuts LNG contracts
In recent days, Pakistan announced the cancellation of 21 shipments of LNG under its long-term contract with Italy’s ENI.
The decision reflects a supply surplus driven by declining industrial gas demand and a rise in renewable generation.
In recent days, Pakistan announced the cancellation of 21 shipments of LNG under its long-term contract with Italy’s ENI.
The decision reflects a supply surplus driven by declining industrial gas demand and a rise in renewable generation.
November 11, 2025 at 3:21 PM
6/6 🇵🇰 More good news: Pakistan cuts LNG contracts
In recent days, Pakistan announced the cancellation of 21 shipments of LNG under its long-term contract with Italy’s ENI.
The decision reflects a supply surplus driven by declining industrial gas demand and a rise in renewable generation.
In recent days, Pakistan announced the cancellation of 21 shipments of LNG under its long-term contract with Italy’s ENI.
The decision reflects a supply surplus driven by declining industrial gas demand and a rise in renewable generation.
5/6 🇨🇳 And China? CO2 emissions have been stable or declining for 18 months.
The Vice Premier re-emphasised that climate change remains a priority, but one closely linked to economic goals.
Politically, Beijing sent no new signals, with no update on progress toward the 2030 peak emissions target.
The Vice Premier re-emphasised that climate change remains a priority, but one closely linked to economic goals.
Politically, Beijing sent no new signals, with no update on progress toward the 2030 peak emissions target.
November 11, 2025 at 3:21 PM
5/6 🇨🇳 And China? CO2 emissions have been stable or declining for 18 months.
The Vice Premier re-emphasised that climate change remains a priority, but one closely linked to economic goals.
Politically, Beijing sent no new signals, with no update on progress toward the 2030 peak emissions target.
The Vice Premier re-emphasised that climate change remains a priority, but one closely linked to economic goals.
Politically, Beijing sent no new signals, with no update on progress toward the 2030 peak emissions target.
4/6 🇧🇷 Brazil: between climate leadership & fossil fuels
Despite having one of the cleanest energy mixes in the world (90% of its electricity comes from renewable sources), Brazil remains heavily dependent on oil and biofuels.
➡️Giulia Signorelli's study explores this duality:
tinyurl.com/bdz6j4dw
Despite having one of the cleanest energy mixes in the world (90% of its electricity comes from renewable sources), Brazil remains heavily dependent on oil and biofuels.
➡️Giulia Signorelli's study explores this duality:
tinyurl.com/bdz6j4dw
Brazil’s paradoxes at COP30: between climate leadership and fossil fuels - ECCO
In a context of growing political fragmentation, Brazil remains the leading regional power in Latin America.
tinyurl.com
November 11, 2025 at 3:21 PM
4/6 🇧🇷 Brazil: between climate leadership & fossil fuels
Despite having one of the cleanest energy mixes in the world (90% of its electricity comes from renewable sources), Brazil remains heavily dependent on oil and biofuels.
➡️Giulia Signorelli's study explores this duality:
tinyurl.com/bdz6j4dw
Despite having one of the cleanest energy mixes in the world (90% of its electricity comes from renewable sources), Brazil remains heavily dependent on oil and biofuels.
➡️Giulia Signorelli's study explores this duality:
tinyurl.com/bdz6j4dw
3/6📈 Don't be too SAD
Italy's 2023–2024 catalogue of Environmentally Harmful Subsidies was also published, showing:
➡️EHS have only slightly declined
➡️Fossil fuel subsidies still make up a large share
➡️Environmentally Friendly Subsidies are rising
Bottom line: a phase-out plan is urgent.
Italy's 2023–2024 catalogue of Environmentally Harmful Subsidies was also published, showing:
➡️EHS have only slightly declined
➡️Fossil fuel subsidies still make up a large share
➡️Environmentally Friendly Subsidies are rising
Bottom line: a phase-out plan is urgent.
November 11, 2025 at 3:21 PM
3/6📈 Don't be too SAD
Italy's 2023–2024 catalogue of Environmentally Harmful Subsidies was also published, showing:
➡️EHS have only slightly declined
➡️Fossil fuel subsidies still make up a large share
➡️Environmentally Friendly Subsidies are rising
Bottom line: a phase-out plan is urgent.
Italy's 2023–2024 catalogue of Environmentally Harmful Subsidies was also published, showing:
➡️EHS have only slightly declined
➡️Fossil fuel subsidies still make up a large share
➡️Environmentally Friendly Subsidies are rising
Bottom line: a phase-out plan is urgent.
2/6 But challenges remain👇
🔸Grants have halved in favour of loans & other financial instruments, raising debt risks for vulnerable countries.
🔸Mitigation funds have risen eightfold, while adaptation finance has increased marginally.
🔸COP28 pledges to multilateral facilities are still pending.
🔸Grants have halved in favour of loans & other financial instruments, raising debt risks for vulnerable countries.
🔸Mitigation funds have risen eightfold, while adaptation finance has increased marginally.
🔸COP28 pledges to multilateral facilities are still pending.
November 11, 2025 at 3:21 PM
2/6 But challenges remain👇
🔸Grants have halved in favour of loans & other financial instruments, raising debt risks for vulnerable countries.
🔸Mitigation funds have risen eightfold, while adaptation finance has increased marginally.
🔸COP28 pledges to multilateral facilities are still pending.
🔸Grants have halved in favour of loans & other financial instruments, raising debt risks for vulnerable countries.
🔸Mitigation funds have risen eightfold, while adaptation finance has increased marginally.
🔸COP28 pledges to multilateral facilities are still pending.
1/6 🇮🇹 Italy’s climate finance is growing, but challenges remain
Yesterday, Minister Pichetto Fratin announced a sharp increase in Italy’s international climate finance: €3.44 billion in 2024, up from €838 million in 2023.
This brings Italy closer to its fair share of the global contribution.
Yesterday, Minister Pichetto Fratin announced a sharp increase in Italy’s international climate finance: €3.44 billion in 2024, up from €838 million in 2023.
This brings Italy closer to its fair share of the global contribution.
November 11, 2025 at 3:21 PM
1/6 🇮🇹 Italy’s climate finance is growing, but challenges remain
Yesterday, Minister Pichetto Fratin announced a sharp increase in Italy’s international climate finance: €3.44 billion in 2024, up from €838 million in 2023.
This brings Italy closer to its fair share of the global contribution.
Yesterday, Minister Pichetto Fratin announced a sharp increase in Italy’s international climate finance: €3.44 billion in 2024, up from €838 million in 2023.
This brings Italy closer to its fair share of the global contribution.
So, what needs to be done? Countries should👇
1️⃣Reaffirm the 1.5°C goal & adopt a pathway for its implementation.
2️⃣Accelerate sectoral action by 2030.
3️⃣Plan fair & resilient transitions toward climate neutrality.
4️⃣Strengthen intergovernmental cooperation.
5️⃣Ensure a credible financial package.
1️⃣Reaffirm the 1.5°C goal & adopt a pathway for its implementation.
2️⃣Accelerate sectoral action by 2030.
3️⃣Plan fair & resilient transitions toward climate neutrality.
4️⃣Strengthen intergovernmental cooperation.
5️⃣Ensure a credible financial package.
November 11, 2025 at 3:16 PM
So, what needs to be done? Countries should👇
1️⃣Reaffirm the 1.5°C goal & adopt a pathway for its implementation.
2️⃣Accelerate sectoral action by 2030.
3️⃣Plan fair & resilient transitions toward climate neutrality.
4️⃣Strengthen intergovernmental cooperation.
5️⃣Ensure a credible financial package.
1️⃣Reaffirm the 1.5°C goal & adopt a pathway for its implementation.
2️⃣Accelerate sectoral action by 2030.
3️⃣Plan fair & resilient transitions toward climate neutrality.
4️⃣Strengthen intergovernmental cooperation.
5️⃣Ensure a credible financial package.
👉On NDCs: progress, but not enough
The UNFCCC's updated synthesis report shows that current pledges would cut 2035 emissions by about 12% from 2019 levels.
That’s clear progress since pre-Paris, but still far from a pathway consistent with the limits set by science.
The UNFCCC's updated synthesis report shows that current pledges would cut 2035 emissions by about 12% from 2019 levels.
That’s clear progress since pre-Paris, but still far from a pathway consistent with the limits set by science.
November 11, 2025 at 3:16 PM
👉On NDCs: progress, but not enough
The UNFCCC's updated synthesis report shows that current pledges would cut 2035 emissions by about 12% from 2019 levels.
That’s clear progress since pre-Paris, but still far from a pathway consistent with the limits set by science.
The UNFCCC's updated synthesis report shows that current pledges would cut 2035 emissions by about 12% from 2019 levels.
That’s clear progress since pre-Paris, but still far from a pathway consistent with the limits set by science.
1️⃣AOSIS' proposal to open a discussion on the NDC ambition gap.
2️⃣LMDC's request to address Article 9.1 of the Paris Agreement, as well as unilateral trade measures.
3️⃣Brazil’s proposal for an Integrated Forum on Climate & Trade.
4️⃣Adding a point on harmonising emission reporting methodologies.
2️⃣LMDC's request to address Article 9.1 of the Paris Agreement, as well as unilateral trade measures.
3️⃣Brazil’s proposal for an Integrated Forum on Climate & Trade.
4️⃣Adding a point on harmonising emission reporting methodologies.
November 11, 2025 at 3:16 PM
1️⃣AOSIS' proposal to open a discussion on the NDC ambition gap.
2️⃣LMDC's request to address Article 9.1 of the Paris Agreement, as well as unilateral trade measures.
3️⃣Brazil’s proposal for an Integrated Forum on Climate & Trade.
4️⃣Adding a point on harmonising emission reporting methodologies.
2️⃣LMDC's request to address Article 9.1 of the Paris Agreement, as well as unilateral trade measures.
3️⃣Brazil’s proposal for an Integrated Forum on Climate & Trade.
4️⃣Adding a point on harmonising emission reporting methodologies.
6/6 …and that’s a wrap for today!
Join us at the same time tomorrow for the latest updates, insights and key announcements from COP30.
For more information, visit our COP30 page:
eccoclimate.org/cop30/
Join us at the same time tomorrow for the latest updates, insights and key announcements from COP30.
For more information, visit our COP30 page:
eccoclimate.org/cop30/
COP30 - ECCO
COP30 to the United Nations Framework Convention on Climate Change (UNFCCC) will be held in Belém, Brazil, from 10-21 November 2025.
eccoclimate.org
November 10, 2025 at 11:39 AM
6/6 …and that’s a wrap for today!
Join us at the same time tomorrow for the latest updates, insights and key announcements from COP30.
For more information, visit our COP30 page:
eccoclimate.org/cop30/
Join us at the same time tomorrow for the latest updates, insights and key announcements from COP30.
For more information, visit our COP30 page:
eccoclimate.org/cop30/